---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-064310"
form_type: "8-K"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2024-05-24T23:59:59+00:00"
generated_at: "2026-06-01T08:59:43.664840+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# STRATTEC adopts FY2025 non-employee director compensation program

## Summary
- Annual retainer of $170,000 per non-employee director: $85,000 cash + $85,000 in restricted stock/RSUs.
- Additional retainers: Board Chair $60,000; Audit Chair $20,000; Compensation & Nominating Committee Chairs $15,000 each.
- Transition year grants in calendar 2025: $50,000 immediate-vest equity grant for FY2024 service; $85,000 grant vesting at next annual meeting.

## SEC filing metadata
- accession: 0000950170-24-064310
- form_type: 8-K
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2024-05-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000095017024064310/0000950170-24-064310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000095017024064310/form_8-k_director_comp_2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-064310
- JSON: https://secwatch.observer/filing/0000950170-24-064310.json
- Plain text: https://secwatch.observer/filing/0000950170-24-064310.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.