secwatch.observer — SEC 8-K summary
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Issuer:     STRATTEC SECURITY CORP (STRT)
CIK:        0000933034
Form:       8-K/A
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001140361-23-054945
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STRATTEC amends retention agreements; corrects retention date to Dec 31, 2024
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- Retention Date corrected from Dec 31, 2023 to Dec 31, 2024 for VP-CFO Bowe and VP Messina.
- Each executive eligible for retention payment of 30% of base salary if employed through Dec 31, 2024.
- Payment within 30 days after retention date; forfeited if employment terminates before date.
- No other changes to original Nov 28, 2023 filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933034/000114036123054945/0001140361-23-054945-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933034/000114036123054945/ef20015544_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-054945

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