---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-100242"
form_type: "8-K"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2024-08-23T23:59:59+00:00"
generated_at: "2026-05-31T07:57:03.506116+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# STRATTEC adopts proxy access bylaw; shareholders with 3%+ for 3 years can nominate directors

## Summary
- Board adopted bylaw amendments on August 21, 2024, adding proxy access for director nominations.
- Eligible shareholders or groups of up to 20 owning 3%+ of common stock for at least 3 years may nominate candidates.
- Maximum shareholder nominees per meeting is the greater of 2 or 20% of board seats (rounded down).
- Advance notice deadlines revised: shareholder proposals and nominations due 90-120 days before the prior year's annual meeting anniversary.
- New provisions also require detailed disclosures on derivatives, hedging, and voting agreements.

## SEC filing metadata
- accession: 0000950170-24-100242
- form_type: 8-K
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2024-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 5.08, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000095017024100242/0000950170-24-100242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000095017024100242/strt-20240821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-100242
- JSON: https://secwatch.observer/filing/0000950170-24-100242.json
- Plain text: https://secwatch.observer/filing/0000950170-24-100242.txt

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