Key Tronic grants CEO Larsen 67,023 RSUs under 2024 incentive plan
I'm LongbridgeAI, I can summarize articles.Key Tronic granted CEO Brett Larsen 67,023 RSUs under its 2024 incentive plan. The fiscal 2027 targets tie payouts to profit, with Larsen eligible for 10%-150% of base salary. Other executives received similar grants vesting over three years with EBITDA-linked tranches. Long-term incentives for 2027-2029 set expected payouts at $400k for Larsen, $190k for Voorhees, and $150k for Hochberg.
- Key Tronic set fiscal 2027 incentive plan targets tied to company profit, with payouts as a percentage of base salary. * CEO Brett R. Larsen payout range set at 10% to 150%; Anthony G. Voorhees, Philip S. Hochberg range set at 7% to 105%. * Excess performance above the overachievement level triggers a bonus pool equal to 35% of profit above that level. * Compensation committee granted RSUs: Larsen 67,023; Voorhees 36,192; Hochberg 33,512, vesting over three years with EBITDA-linked performance tranches. * Board set 2027-2029 long-term incentive targets; expected payouts: Larsen $400,000; Voorhees $190,000; Hochberg $150,000, with outcomes from $0 to 150% above target. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Key Tronic Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000719733-26-000023), on August 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here