(KEQU)

Role: VP of Manufacturing Operations
Signature: /s/ Donald T. Gardner III, Attorney-in-fact
Issuer symbol: KEQU
Transactions as of: 25 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 27 Jun 2025, 12:06:49 UTC
Previous filing: 02 Jan 2025
Next filing: 02 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Batdorff Douglas J.	VP of Manufacturing Operations	2700 WEST FRONT STREET, STATESVILLE	/s/ Donald T. Gardner III, Attorney-in-fact	27 Jun 2025	0001814145

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KEQU	Restricted Stock Units FY26	Award	$0	+4,528		$0.000000	4,528	25 Jun 2025	Common Stock	4,528		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2	The award of restricted stock units shall vest as follows: (a) 50% of the number of restricted stock units subject to the award consist of service-based restricted stock units that vest in three equal annual installments beginning June 30, 2026, subject to the reporting person's continued employment with the Company; and (b) 50% of the number of restricted stock units subject to the award consist of performance-based restricted stock units that will vest only if performance goals are achieved over a three-year period. The actual number of units (if any) received under this award will depend on continued employment and actual performance over the three-year performance period.

Content

Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

The award of restricted stock units shall vest as follows: (a) 50% of the number of restricted stock units subject to the award consist of service-based restricted stock units that vest in three equal annual installments beginning June 30, 2026, subject to the reporting person's continued employment with the Company; and (b) 50% of the number of restricted stock units subject to the award consist of performance-based restricted stock units that will vest only if performance goals are achieved over a three-year period. The actual number of units (if any) received under this award will depend on continued employment and actual performance over the three-year performance period.