GATE CITY CAPITAL MANAGEMENT, LLC bought STRT

May 21, 2024 · Form 4 insider transaction

GATE CITY CAPITAL MANAGEMENT, LLC bought 7,057 shares of Strattec Security Corporation at $24.60 per share, a transaction worth $173.6K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Acquired (buy-side)
Shares
7,057
Price
$24.60
Total value
$173.6K
Role
SecurityCommon Stock, par value $.01 per share
Transaction codeP: Open-market purchase
Transaction dateMay 21, 2024
Filing dateMay 23, 2024
Shares owned after412,341
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

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.; 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.; 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.

View the original Form 4 on SEC EDGAR