other_material
confidence high
sentiment neutral
materiality 0.40
Key Tronic sets FY2026 ICP goals: CEO 10-150% payout; grants 89,927 RSUs
KEY TRONIC CORP
- FY2026 ICP requires minimum profit goal; three performance levels (entry, expected, overachievement); CEO payout 10%-150% of base salary.
- CEO awarded 89,927 RSUs (40% time, 60% performance-vesting based on annual EBITDA threshold); vest over 3 years.
- Anthony Voorhees and Philip Hochberg each awarded 44,964 RSUs (50% time, 50% performance-vesting).
- Non-employee directors each get 14,388 RSUs, vesting on first anniversary.
- FY2026-2028 long-term incentive: sales growth & ROIC targets; CEO target $400k, exec VPs $190k each, directors $35k.
item 5.02item 9.01