---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-197481"
form_type: "8-K"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:29:07.627222+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Strattec's JV replacement credit agreement releases company from guaranty obligations

## Summary
- Effective April 30, 2026, ADAC-STRATTEC entered a new credit agreement with BMO Bank N.A., replacing the prior 2012 agreement.
- Strattec's guaranty, liens, and related obligations under the prior credit agreement were terminated and released.
- Strattec is not a borrower, guarantor, or credit support party under the new JV credit agreement.

## SEC filing metadata
- accession: 0001193125-26-197481
- form_type: 8-K
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/strt-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-197481
- JSON: https://secwatch.observer/filing/0001193125-26-197481.json
- Plain text: https://secwatch.observer/filing/0001193125-26-197481.txt

## Source-grounded claims
- claim_id: d285b0f81d6db6fec4ea746e7389cea5dddf33f8
  claim: STRATTEC SECURITY CORP terminated Prior JV Credit Agreement with BMO Bank N.A. (effective 2026-04-30).
  evidence_excerpt: Effective as of April 30, 2026, ADAC-STRATTEC, LLC (“ADAC-STRATTEC”), a majority owned joint venture subsidiary of Strattec Security Corporation (the “Company”), entered into an Amended and Restated Credit Agreement with BMO Bank N.A. (the “New JV Credit Agreement”) that replaced ADAC-STRATTEC’s existing credit agreement, dated June 28, 2012, with BMO Bank N.A.
  evidence_url: https://www.sec.gov/Archives/edgar/data/933034/000119312526197481/0001193125-26-197481-index.htm

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