Kadant KAI holder files Form 144 to sell 1,435 common shares
Rhea-AI Filing Summary
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.
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FAQ
What does the Kadant (KAI) Form 144 filing disclose?
The Form 144 filing for Kadant Inc. (KAI) discloses a planned sale of 1,435 shares of Kadant common stock on the NYSE, with an aggregate market value of $405,019.23.
What is the purpose of a Form 144 in relation to Kadant (KAI)?
Form 144 is a notice of a proposed sale of restricted or control securities. In this case, it gives notice of a planned sale of Kadant common shares that were previously acquired through restricted stock vesting.