---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-054827"
form_type: "8-K"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T21:17:06.424465+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# STRATTEC grants retention bonuses of $93K to CFO and $101K to CTO through Dec 31, 2024

## Summary
- CFO Dennis Bowe to receive $93,000 retention payment if continuously employed through Dec 31, 2024.
- CTO Richard Messina to receive $101,400 retention payment under same condition.
- Payments made lump sum within 30 days after retention date; forfeited if employment ends earlier.
- Agreements supplement existing employment and change-in-control contracts; no change to at-will status.

## SEC filing metadata
- accession: 0001140361-23-054827
- form_type: 8-K
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000114036123054827/0001140361-23-054827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000114036123054827/ef20015436_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-054827
- JSON: https://secwatch.observer/filing/0001140361-23-054827.json
- Plain text: https://secwatch.observer/filing/0001140361-23-054827.txt

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