STOCK TITAN

KAI Form 144 Filed for 714 Shares via Wells Fargo; Sale Date 08/18/2025

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Kadant Inc. (KAI) filed a Form 144: the notice reports a proposed sale of 714 shares of common stock through Wells Fargo Clearing Services at an aggregate market value of $244,770. The filing records 11,777,467 shares outstanding and lists an approximate sale date of 08/18/2025 on the NYSE.

The shares were acquired as stock awards from the issuer: 221 shares awarded on 03/10/2024 and 493 shares awarded on 03/10/2025. The filer reports no securities sold in the past three months and includes the routine representation that the selling person does not possess undisclosed material adverse information about the issuer.

Positive

  • Complete disclosure of broker, number of shares, aggregate market value, and approximate sale date
  • Acquisition details provided showing the shares were received as stock awards on specific dates
  • No securities sold in the past three months reported

Negative

  • None.

Insights

TL;DR: Routine insider sale notice for 714 shares, with acquisition dates and broker disclosed; appears procedural.

The Form 144 provides the standard disclosures required for an anticipated sale under Rule 144: class of security, broker, number of shares, aggregate market value, outstanding share count, and approximate sale date. Acquisition details show the shares were received as stock awards on two dates in 2024 and 2025. The filing also confirms no reportable sales in the prior three months and includes the required attestation regarding undisclosed material information. The submission is concise and contains the essential data for market transparency.

TL;DR: Form 144 disclosure is complete for the proposed sale, listing broker and award dates; governance representation included.

The notice documents the procedural elements investors and compliance officers expect: broker identity (Wells Fargo Clearing Services), specific share counts, award acquisition dates, and the filer’s representation about knowledge of material adverse information. It also records that no sales occurred in the prior three months. The filing meets disclosure requirements for an intended sale pursuant to Rule 144 based on the information provided.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Kadant's (KAI) Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 714 common shares through Wells Fargo with an aggregate market value of $244,770 and an approximate sale date of 08/18/2025.

How many shares outstanding does Kadant report in the Form 144?

The Form 144 lists 11,777,467 shares outstanding.

When were the shares to be sold originally acquired according to the filing?

The filing shows 221 shares were acquired via stock award on 03/10/2024 and 493 shares were acquired via stock award on 03/10/2025.

Did the filer report any securities sold in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Which broker is named in the Form 144 for the proposed sale?

The broker named is Wells Fargo Clearing Services, located at One North Jefferson Avenue, St. Louis, MO 63103.