Key Tronic sets fiscal 2027 bonus plan and grants CEO 67,023 restricted stock units
On August 20, 2026, Key Tronic's board set fiscal 2027 incentive plan goals and approved restricted stock unit grants and long-term incentive targets for executives and directors. The filing describes compensation arrangements only and reports no change in officer or director roles, with payouts tied to profit goals and multi-year performance measures.
Key points
- Incentive plan payouts require a minimum company profit goal; CEO Brett R. Larsen's potential payout ranges from 10% to 150% of fiscal 2027 base salary.
- Larsen received 67,023 RSUs, Anthony G. Voorhees received 36,192 RSUs, and Philip S. Hochberg received 33,512 RSUs, all granted August 20, 2026.
- Long-term targets for fiscal 2027 to 2029 are $400,000 for Larsen, $190,000 for Voorhees and $150,000 for Hochberg, if expected performance is achieved.
- Each non-employee director received 10,724 RSUs and has a $35,000 target payment for the three-year period, if expected performance is achieved.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.