Form 4: STRATTEC COO's Tax Withholding on Restricted Stock Vesting
Insider Transaction Report
STRATTEC Security Corporation's SVP & COO, Rolando Guillot, reported the withholding of 453 common shares for tax liabilities related to restricted stock vesting.
Summary
- Rolando Guillot, Senior Vice President & Chief Operating Officer of STRATTEC Security Corporation (STRT), reported a transaction on August 20, 2025.
- The transaction involved the disposition of 453 shares of Common Stock, par value $0.01 per share.
- These shares were withheld for the payment of tax liability upon the vesting of 1,150 shares of restricted stock.
- The transaction is exempt under Rule 16b-3, indicating it is a routine, non-discretionary event related to compensation.
- Following this transaction, Rolando Guillot beneficially owns 29,337 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The filing is a routine compliance document reporting a non-discretionary insider transaction (tax withholding on restricted stock vesting). It provides factual information without indicating positive or negative sentiment regarding the company's operational or financial performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically the withholding of shares for tax purposes upon restricted stock vesting. Such transactions are common across all industries for executives receiving equity compensation and do not typically reflect strategic shifts or operational performance relative to industry trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation and tax obligations, not a sale for personal gain or a change in company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 08/20/2025 | Date of transaction (shares withheld for tax liability) |
| 08/22/2025 | Date the Form 4 was signed |
Keywords
STRATTEC SECURITY CORP, STRT, Form 4, Insider Transaction, Rolando Guillot, Restricted Stock, Tax Withholding, SVP & COO, Beneficial Ownership
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