Kadant SEC Filings

Kadant Inc. (KAI) had a holder file a Form 144 to potentially sell 1,435 shares of its common stock on the NYSE, with an aggregate market value of $405,019.23.

The planned sale would be executed through Wells Fargo Clearing Services and is targeted around November 25, 2025. The filing notes that 11,778,135 shares of Kadant common stock were outstanding, providing context for the relative size of the proposed sale. The shares were acquired through multiple restricted stock vesting events between June 2022 and September 2023.

Wasatch Advisors LP has filed Amendment No. 9 to a Schedule 13G reporting its beneficial ownership in Kadant Inc. common stock. The firm reports beneficial ownership of 884,597 shares, representing 7.5% of Kadant’s outstanding common stock as of 09/30/2025. Wasatch has sole power to vote 627,115 shares and sole power to dispose of all 884,597 shares, with no shared voting or dispositive power. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kadant.

KAI filed a Form 144 notice indicating a planned sale of restricted/controlled securities by a shareholder. The filing covers 699 shares of common stock, with an aggregate market value of $186,437.12, to be sold through Wells Fargo Clearing Services on or about 11/11/2025 on the NYSE.

The shares listed for sale were acquired via restricted stock vesting from the issuer in multiple tranches: 152 shares on 09/28/2024, 151 shares on 12/28/2024, 264 shares on 06/01/2025, and 132 shares on 09/30/2025. Form 144 is a notice of proposed sale and does not itself execute a transaction; actual sales may vary based on market conditions and applicable Rule 144 requirements.

Kadant Inc. (KAI) filed a Form 4 reporting director transactions. On 11/11/2025, the reporting person sold common stock in two open‑market transactions. One sale covered 342 shares at a weighted average price of $266.5245, and another covered 357 shares at a weighted average price of $267.2766.

The filing notes price ranges for these aggregated trades: $266.1501 to $266.94 per share for the first group and $267.20 to $267.42 for the second. Following these sales, the reporting person beneficially owned 1,141 shares directly. The transaction code shown is “S.”

Kadant Inc. (KAI) reported Q3 2025 results with revenue of $271.6M, essentially flat year over year. Net income attributable to Kadant was $27.7M and diluted EPS was $2.35, down from $2.68 a year ago, as operating income declined to $42.6M from $49.0M.

Through the first nine months, revenue was $766.0M versus $795.4M last year, while operating cash flow improved to $110.6M from $103.4M, supported by working-capital discipline. Cash and cash equivalents rose to $124.5M, and total debt (primarily the revolving credit facility) declined to $258.0M. The company amended its multi-currency revolving credit facility, increasing committed capacity to $750.0M and extending maturity to 2030; $248.1M was outstanding at quarter end with $502.0M of committed capacity available.

Kadant closed the Babbini acquisition in July for $16.5M (net of cash), adding technology in industrial dewatering and power transmission. After quarter end, Kadant acquired Clyde Industries for $175.0M in cash and borrowed $170.0M under the facility to fund it. Segment mix favored parts and consumables, while capital equipment demand remained softer, particularly in Industrial Processing.

Kadant Inc. announced financial results for the fiscal quarter ended September 27, 2025 and furnished an accompanying press release and presentation in an 8-K.

The company will host a webcast and conference call on October 29, 2025 to discuss the results. The press release is furnished as Exhibit 99.1 and the slide deck as Exhibit 99.2.

Information provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure), including Exhibits 99.1 and 99.2, is furnished and not filed, and is not subject to Section 18 liabilities or incorporated by reference except as expressly provided.

Kadant, Inc. disclosed a material event announcing the Acquisition of Clyde Industries and included a standard safe-harbor disclosure about forward-looking statements. The filing clarifies that the Item 7.01 material (including an exhibit) is not deemed "filed" under the Exchange Act for Section 18 liability or incorporated by reference elsewhere unless explicitly stated. The company lists a wide range of risks that could cause actual results to differ from expectations, including integration challenges, potential disruption to business and employee relationships, difficulty realizing anticipated synergies and cost savings, unexpected acquisition-related costs, and variability in revenue from large capital equipment projects. The disclosure references risk factors described in Kadant's Annual Report for the fiscal year ended December 28, 2024.

Kadant Inc. acquired all outstanding equity securities of Clyde Industries, completing a purchase governed by an Acquisition Agreement that includes customary representations, warranties and restrictive covenants.

Kadant obtained a representation and warranty insurance policy to provide recourse for breaches, and a portion of the cash consideration is being held to cover customary post-closing adjustments. The company said the Acquisition Agreement will be filed as an exhibit to its Quarterly Report for the fiscal quarter ended September 27, 2025.

A press release is furnished as Exhibit 99.1 and Kadant will hold a webcast and conference call on October 9, 2025 at 11:00 a.m. Eastern Time; an investor presentation will be filed with the SEC and posted on kadant.com.

Kadant Inc. amended its unsecured credit facility through an Eighth Amendment that materially improves borrowing capacity and flexibility. The amendment raises the revolving loan commitments from $400 million to $750 million, extends maturity to September 26, 2030 (five years from the amendment), and enlarges several sublimits: the multicurrency sublimit from $300 million to $400 million, the letter of credit sublimit from $80 million to $100 million, and the swingline loan sublimit from $10 million to $15 million. It also removes the lowest tier of the pricing grid, eliminates certain credit spread adjustments for SOFR, SONIA and CORRA borrowings, and adds Australian Dollars and the company’s Australian subsidiary Vayeron Pty Ltd as an authorized borrower. The filing states the amendment is filed as Exhibit 10.1 and incorporated by reference.