secwatch.observer — SEC 8-K summary
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Issuer:     KEY TRONIC CORP (KTCC)
CIK:        0000719733
Form:       8-K
Filed at:   2025-08-25T23:59:59+00:00
Accession:  0000719733-25-000071
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Key Tronic sets FY2026 ICP goals: CEO 10-150% payout; grants 89,927 RSUs
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000071/0000719733-25-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000071/ktcc-20250821.htm
  HTML page:      https://secwatch.observer/filing/0000719733-25-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer