STRATTEC SECURITY CORP
For the period ended Jun 29, 2025. Filed Aug 25, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Aug 25, 2025
STRT$61.02-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits and Financial Statement Schedules
| 10(a) | Financial Statements (Item 8): | |
| Report of Deloitte & Touche LLP Independent Registered Public Accounting Firm (PCAOB ID: 34) | ||
| Notes to Consolidated Financial Statements | ||
| (b) | Exhibits | |
| See the following List of Exhibits: | ||
| Exhibit | If Incorporated by Reference, Documents with Which Exhibit was Previously Filed with SEC | |
| 3.1 | Amended and Restated Articles of Incorporation of the Company | Annual Report on Form 10-K (filed on September 7, 2017; Exhibit 3.1 therein) |
| 3.2 | Amendment to Amended and Restated Articles of Incorporation of the Company | Quarterly Report on Form 10-Q (filed on November 7, 2019; Exhibit 3.1 therein) |
| 3.3 | Amendment to Amended and Restated Articles of Incorporation of the Company | Current Report on Form 8-K (filed on October 21, 2021; Exhibit 3.1 therein) |
| 3.4 | Amendment to Amended and Restated Articles of Incorporation of the Company | Current Report on Form 8-K (filed on October 23, 2024; Exhibit 3.1 therein) |
| 3.5 | Amended By-laws of the Company | Current Report on Form 8-K (filed on October 23, 2024; Exhibit 3.2 therein) |
| 4.1 | Description of Registrants’ Securities | Annual Report on Form 10-K (filed on September 3, 2020; Exhibit 4.1 therein) |
| 4.2 | Credit Agreement, dated August 1, 2011, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on August 4, 2011; Exhibit 99.1 therein) |
| 4.3 | Amendment No. 1 to Amended and Restated Security Agreement, dated June 26, 2017, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 27, 2017; Exhibit 10.2 therein) |
| 4.4 | Amended and Restated Security Agreement, dated June 28, 2012, made by the Company in favor of BMO Harris Bank N.A., as lender | Current Report on Form 10-K (filed on September 7, 2017; Exhibit 4.3 therein) |
| 4.5 | Amendment No. 1 to Credit Agreement, dated December 27, 2013, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on December 27, 2013; Exhibit 99.1 therein) |
| 4.6 | Amendment No. 2 to Credit Agreement, dated June 25, 2015, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 25, 2015; Exhibit 99.1 therein) |
| 4.7 | Amendment No. 3 to Credit Agreement, dated June 24, 2016, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 24, 2016; Exhibit 99.1 therein) |
| 4.8 | Amendment No. 4 to Credit Agreement, dated June 26, 2017, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 27, 2017; Exhibit 10.1 therein) |
| 4.9 | Amendment No. 5 to Credit Agreement, dated September 28, 2018, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on September 28, 2018; Exhibit 10.1 therein) |
| 4.10 | Amendment No. 6 to Credit Agreement, dated October 28, 2019, between Strattec Security Corporation and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on October 28, 2019; Exhibit 4.1 therein) |
| 4.11 | Amendment No. 7 to Credit Agreement, dated June 1, 2021, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 2, 2021; Exhibit 10.1 therein) |
| 4.12 | Amendment No. 8 to Credit Agreement, dated February 22, 2023, between the Company and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on February 27, 2023; Exhibit 10.1 therein) |
| 4.13 | Amendment No. 9 to Credit Agreement, dated August 22, 2023 and effective September 6, 2023, between the Company and BMO Harris Bank N.A. as lender | Current Report on Form 8-K (filed on August 25, 2023; Exhibit 10.1 therein) |
| 4.14 | Credit Agreement, dated June 28, 2012, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 25, 2015; Exhibit 99.2 therein) |
| 4.1 | Amendment No. 1 to Credit Agreement, dated January 22, 2014, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 25, 2015; Exhibit 99.3 therein) |
| 4.16 | Amendment No. 2 to Credit Agreement, dated June 25, 2015, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 25, 2015; Exhibit 99.4 therein) |
| 4.17 | Amendment No. 3 to Credit Agreement, dated April 27, 2016, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on April 29, 2016; Exhibit 99.1 therein) |
| 4.18 | Amendment No. 4 to Credit Agreement, dated June 26, 2017, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 27, 2017; Exhibit 10.3 therein) |
| 4.19 | Amendment No. 5 to Credit Agreement, dated March 27, 2018, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on March 27, 2018; Exhibit 10.1 therein) |
| 4.20 | Amendment No. 6 to Credit Agreement, dated December 30, 2018, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on December 31, 2018; Exhibit 10.1 therein) |
| 4.2 | Amendment No. 7 to Credit Agreement, dated October 28, 2019, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on October 28, 2019; Exhibit 4.2 therein) |
| 4.22 | Amendment No. 8 to Credit Agreement, dated June 1, 2021, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on June 2, 2021; Exhibit 10.2 therein) |
| 4.23 | Amendment No. 9 to Credit Agreement, dated February 6, 2023, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on February 7, 2023; Exhibit 10.1 therein) |
| 4.24 | Amendment No. 10 to Credit Agreement, dated May 31, 2024, between ADAC-Strattec LLC and BMO Harris Bank N.A., as lender | Current Report on Form 8-K (filed on May 31, 2024; Exhibit 10.1 therein) |
| 10.1 ** | Amended and Restated Strattec Security Corporation Stock Incentive Plan | Proxy Statement on Scheduled 14A (filed on September 7, 2023; Appendix B therein) |
| 10.2** | Form of Restricted Stock Grant Agreement with Employees to be used under the Amended and Restated Strattec Security Corporation Stock Incentive Plan | Quarterly Report on Form 10-Q (filed on November 5, 2020; Exhibit 10.2 therein) |
| 10.3 ** | Amended and Restated Strattec Security Corporation Supplemental Executive Retirement Plan | Current Report on Form 8-K (filed on October 10, 2013; Exhibit 99.1 therein) |
| 10.4 ** | Employment Agreement between the Company and Rolando J. Guillot, dated May 5, 2010 | Quarterly Report on Form 10-Q (filed on May 6, 2010; Exhibit 10.8 therein) |
|---|---|---|
| 10.5 ** | Employment Agreement between the Company and Richard P. Messina, dated May 5, 2010 | Quarterly Report on Form 10-Q (filed on May 6, 2010; Exhibit 10.16 therein) |
| 10.6 ** | Employment Agreement between the Company and Jennifer L. Slater, dated June 11, 2024 | Current Report on Form 8-K (filed on June 14, 2024; Exhibit 10.1 therein) |
| 10.7 ** | Change of Control Employment Agreement between the Company and Rolando J. Guillot, dated July 1, 2016 | Annual Report on Form 10-K (filed on September 8, 2016; Exhibit 10.9 therein) |
| 10.8 ** | Change of Control Employment Agreement between the Company and Richard P. Messina, dated July 1, 2016 | Annual Report on Form 10-K (filed on September 8, 2016; Exhibit 10.11 therein) |
| 10.9 ** | Form of Fiscal Year 2024 Restricted Stock Grant Agreement with non-employee directors | Annual Report on Form 10-K (filed on September 5, 2014; Exhibit 10.9 therein) |
| 10.10 ** | Strattec Security Corporation Employee Stock Purchase Plan | Quarterly Report on Form 10-Q (filed on February 8, 2024; Exhibit 10.1 therein) |
| 10.11 ** | Equity Restructuring Agreement between the Company and WITTE Automotive GmbH, dated June 29, 2023 | Annual Report on Form 10-K (filed on September 7, 2023; Exhibit 10.22 therein) |
| 10.12 ** | Retention Agreement by and between the Company and Richard P. Messina, dated November 22, 2023 | Current Report on Form 8-K (filed on November 28, 2023; Exhibit 10.2 therein) |
| 10.13 ** | Retention Agreement by and between the Company and Rolando J. Guillot, dated June 24, 2024 | Current Report on Form 8-K (filed on June 24, 2024; Exhibit 10.1 therein) |
| 10.14 ** | Strattec Security Corporation 2024 Equity Incentive Plan | Current Report on Form 8-K (filed on October 23, 2024; Exhibit 10.1 therein) |
| 10.15 ** | Strattec Security Corporation Short-Term Incentive Plan for Fiscal Year 2025 | Quarterly Report on Form 10-Q (filed on November 7, 2024; Exhibit 10.2 therein) |
| 10.16 ** | First Amendment to Employment Agreement between the Company and Jennifer L. Slater | Quarterly Report on Form 10-Q (filed on November 7, 2024; Exhibit 10.3 therein) |
| 10.17 ** | Restricted Stock Award Agreement under the Strattec Security Corporation 2024 Equity Incentive Plan Between the Company and Jennifer L. Slater, dated October 25, 2024 | Current Report on Form 8-K (filed on October 31, 2024; Exhibit 10.1 therein) |
| 10.18 ** | Restricted Stock Award Agreement under the Strattec Security Corporation 2024 Equity Incentive Plan between the Company and Jennifer L. Slater, dated October 25, 2024 | Current Report on Form 8-K (filed on October 31, 2024; Exhibit 10.2 therein) |
| 10.19 ** | Restricted Stock Award Agreement under the Strattec Security Corporation 2024 Equity Incentive Plan between the Company and Jennifer L. Slater, dated October 25, 2024 | Current Report on Form 8-K (filed on October 31, 2024; Exhibit 10.3 therein) |
| 10.20 ** | Performance Restricted Stock Unit Award Agreement under the Strattec Security Corporation 2024 Equity Incentive Plan, between the Company and Jennifer L. Slater, dated October 25, 2024 | Current Report on Form 8-K (filed on October 31, 2024; Exhibit 10.4 therein) |
| 10.21 ** | Employment Agreement between the Company and Matthew P. Pauli, effective November 13, 2024 | Current Report on Form 8-K (filed on November 12, 2024; Exhibit 10.1 therein) |
| 10.22 ** | Restricted Stock Unit Award Agreement under the Strattec Security Corporation 2024 Equity Incentive Plan between the Company and Matthew P. Pauli, dated November 13, 2024 | Quarterly Report on Form 10-Q (filed on February 7, 2025; Exhibit 10.9 therein) |
| 10.23 ** | Form of Fiscal Year 2025 Restricted Stock Grant Agreement for non-employee directors | Quarterly Report on Form 10-Q (filed on February 7, 2025; Exhibit 10.10 therein) |
| 10.24 ** | Form of Stock Grant Agreement for non-employee directors | Quarterly Report on Form 10-Q (filed on February 7, 2025; Exhibit 10.11 therein) |
| 10.25 ** | Strattec Security Corporation Short-Term Incentive Plan for Executive Officers and Corporate Officers for Fiscal Year 2026 | Filed herewith |
| 10.26 ** | Non-Employee Director Compensation Program for Fiscal Year 2025 | Current Report on Form 8-K (filed on May 24, 2024; Exhibit 10.1 therein) |
| 19 | Insider Trading Policy | Filed herewith |
| 21 | Subsidiaries of the Company | Filed herewith |
| 23.1 | Consent of Independent Registered Public Accounting Firm dated August 25, 2025 | Filed herewith |
| 31.1 | Rule 13a-14(a) Certification for Jennifer L. Slater, Chief Executive Officer | Filed herewith |
| 31.2 | Rule 13a-14(a) Certification for Matthew P. Pauli, Chief Financial Officer | Filed herewith |
| 32 | 18 U.S.C. Section 1350 Certifications | Furnished herewith |
| 97 | Excess Incentive Compensation Recovery (Clawback) Policy | Filed herewith |
| 101 | Interactive Data Files pursuant to Rule 405 of Regulation S-T. XBRL Instance Document – the XBRL Instance Document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | |
| 104 | The cover page from the Company’s Annual Report on Form 10-K for the year ended June 29, 2025 has been formatted in Inline XBRL. |
** Management contract or compensatory plan or arrangement
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.