GATE CITY CAPITAL MANAGEMENT, LLC - 21 May 2024 Form 4 Insider Report for STRATTEC SECURITY CORP (STRT)

Role
10%+ Owner
Signature
/s/ Michael Melby as Managing Member of Gate City Capital Management, LLC
Issuer symbol
STRT
Transactions as of
21 May 2024
Net transactions value
+$173,596
Form type
4
Filing time
23 May 2024, 11:22:42 UTC
Next filing
08 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRT Common Stock, par value $.01 per share Purchase $173,596 +7,057 +1.7% $24.60 412,341 21 May 2024 See footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.46 to $24.60 per share.
F2 Reflects shares deemed to be under the investment control of Gate City Capital Management, LLC, which serves as an adviser to certain private investment funds and managed accounts. Michael Melby is the Managing Member of Gate City Capital Management, LLC.
F3 Mr. Melby may be deemed to beneficially own (solely for the purpose of Rule 16a-l(a)(2) under the Exchange Act) the securities set forth in footnote (I) above as Managing Member of Gate City Capital Management, LLC. Mr. Melby disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.