leadership
confidence high
sentiment neutral
materiality 0.40
STRATTEC grants CEO Jennifer Slater sign-on and annual equity awards under 2024 EIP
STRATTEC SECURITY CORP
- CEO Slater granted 12,618 restricted shares vesting July 1, 2025 and 25,236 restricted shares vesting in two equal tranches on July 1, 2026 and 2027.
- Slater also receives 16,878 restricted shares vesting in three equal annual installments starting Oct 25, 2025.
- Awards include 16,878 performance RSUs that may vest based on EBITDA percentage over a three-year period ending June 30, 2027.
- Grants made under the 2024 Equity Incentive Plan approved by shareholders on Oct 23, 2024.