---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-245261"
form_type: "8-K"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2026-05-28T20:15:16+00:00"
generated_at: "2026-05-28T20:27:39.420620+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Strattec authorizes new $40M share repurchase program, replacing 1996 plan

## Summary
- Board authorized new $40M share repurchase, replacing the prior program initiated in 1996.
- Program has no fixed expiration; purchases may be made via open market, block trades, or 10b5-1 plans.
- During Q4 prior to program termination, STRT repurchased 110,269 shares at avg $67.10.
- CEO Slater stated strong cash position enables continued investment in transformation while returning capital.

## SEC filing metadata
- accession: 0001193125-26-245261
- form_type: 8-K
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2026-05-28T20:15:16+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000119312526245261/0001193125-26-245261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000119312526245261/strt-20260528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-245261
- JSON: https://secwatch.observer/filing/0001193125-26-245261.json
- Plain text: https://secwatch.observer/filing/0001193125-26-245261.txt

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