MAY 14·Stock Titan▲
CEO boosts STRATTEC (STRT) stake with open-market buys above $62
STRATTEC SECURITY CORP's President & CEO, Jennifer Lynn Slater, recently increased her stake in the company through open-market purchases. She acquired a total of 1,597.84 shares, spending approximately $100,000 on May 12 and May 13, 2026, at prices above $62 per share. Following these transactions, her direct holdings in STRT common stock now stand at 57,923.86 shares.
MAY 1·Stock Titan→
Strattec (NASDAQ: STRT) dropped as guarantor on new JV credit facility
Strattec Security Corporation (NASDAQ: STRT) announced that its majority-owned joint venture, ADAC-STRATTEC, LLC, has entered into a new Amended and Restated Credit Agreement with BMO Bank N.A., effective April 30, 2026. This new agreement replaces a prior credit facility, consequently terminating Strattec's role as a guarantor, borrower, or other credit support party for the joint venture's debt. This change reduces Strattec's direct credit exposure to the facility.