STOCK TITAN

Kadant (NYSE: KAI) SVP settles RSUs, nets 546 new shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KADANT INC Senior Vice President & CAO Deborah Selwood reported routine equity compensation activity rather than open-market trading. On March 10, 2026, she exercised restricted stock units that converted on a one-for-one basis into 777 shares of common stock from performance- and time-based RSU awards granted in 2023, 2024 and 2025.

To cover tax obligations, 231 shares were disposed of at an effective price of $334.17 per share through share withholding, leaving a net 546 additional shares. After these transactions, Selwood directly held 21,053 shares of Kadant common stock.

Positive

  • None.

Negative

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Insider SELWOOD DEBORAH
Role Senior Vice President & CAO
Type Security Shares Price Value
Exercise Restricted Stock Unit 302 $0.00 --
Exercise Restricted Stock Unit 58 $0.00 --
Exercise Restricted Stock Unit 196 $0.00 --
Exercise Restricted Stock Unit 47 $0.00 --
Exercise Restricted Stock Unit 138 $0.00 --
Exercise Restricted Stock Unit 36 $0.00 --
Exercise Common Stock 302 $0.00 --
Tax Withholding Common Stock 89 $334.17 $30K
Exercise Common Stock 58 $0.00 --
Tax Withholding Common Stock 18 $334.17 $6K
Exercise Common Stock 196 $0.00 --
Tax Withholding Common Stock 58 $334.17 $19K
Exercise Common Stock 47 $0.00 --
Tax Withholding Common Stock 14 $334.17 $5K
Exercise Common Stock 138 $0.00 --
Tax Withholding Common Stock 41 $334.17 $14K
Exercise Common Stock 36 $0.00 --
Tax Withholding Common Stock 11 $334.17 $4K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 20,809 shares (Direct)
Footnotes (1)
  1. The shares represent the partial settlement under a performance-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a time-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a performance-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a time-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a performance-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a time-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SELWOOD DEBORAH

(Last) (First) (Middle)
ONE TECHNOLOGY PARK DRIVE

(Street)
WESTFORD MA 01886

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KADANT INC [ KAI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President & CAO
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/10/2026 M 302 A (1) 20,809 D
Common Stock 03/10/2026 F 89 D $334.17 20,720 D
Common Stock 03/10/2026 M 58 A (2) 20,778 D
Common Stock 03/10/2026 F 18 D $334.17 20,760 D
Common Stock 03/10/2026 M 196 A (3) 20,956 D
Common Stock 03/10/2026 F 58 D $334.17 20,898 D
Common Stock 03/10/2026 M 47 A (4) 20,945 D
Common Stock 03/10/2026 F 14 D $334.17 20,931 D
Common Stock 03/10/2026 M 138 A (5) 21,069 D
Common Stock 03/10/2026 F 41 D $334.17 21,028 D
Common Stock 03/10/2026 M 36 A (6) 21,064 D
Common Stock 03/10/2026 F 11 D $334.17 21,053 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $0 03/10/2026 M 302 (1) 04/30/2026 Common Stock 302 $0 0 D
Restricted Stock Unit $0 03/10/2026 M 58 (2) 04/30/2026 Common Stock 58 $0 0 D
Restricted Stock Unit $0 03/10/2026 M 196 (3) 04/30/2027 Common Stock 196 $0 195 D
Restricted Stock Unit $0 03/10/2026 M 47 (4) 04/30/2027 Common Stock 47 $0 46 D
Restricted Stock Unit $0 03/10/2026 M 138 (5) 04/30/2028 Common Stock 138 $0 276 D
Restricted Stock Unit $0 03/10/2026 M 36 (6) 04/30/2028 Common Stock 36 $0 72 D
Explanation of Responses:
1. The shares represent the partial settlement under a performance-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
2. The shares represent the partial settlement under a time-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
3. The shares represent the partial settlement under a performance-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
4. The shares represent the partial settlement under a time-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
5. The shares represent the partial settlement under a performance-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
6. The shares represent the partial settlement under a time-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
Remarks:
/s/ Stacy D. Krause, by power of attorney 03/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did KADANT INC (KAI) report for Deborah Selwood?

KADANT INC reported that Senior Vice President & CAO Deborah Selwood settled restricted stock units into common stock. On March 10, 2026, multiple performance- and time-based RSU awards partially vested and were converted to Kadant common shares as part of her equity compensation.

How many Kadant (KAI) shares did Deborah Selwood receive and retain from her RSU vesting?

Deborah Selwood’s RSU vesting converted into 777 Kadant common shares. Of these, 231 shares were withheld to satisfy tax obligations, leaving 546 net new shares added to her direct holdings as part of the routine settlement of equity awards.

What tax-withholding transactions occurred in Deborah Selwood’s Kadant (KAI) Form 4 filing?

The filing shows 231 Kadant common shares disposed of through tax withholding transactions. These F-code entries reflect shares delivered at an effective price of $334.17 per share to pay taxes due on the vesting of her restricted stock unit awards.

What are Deborah Selwood’s Kadant (KAI) share holdings after the reported transactions?

After the March 10, 2026 transactions, Deborah Selwood directly holds 21,053 Kadant common shares. This figure reflects the net effect of RSU conversions into common stock and the related share withholding used to satisfy tax liabilities on the vested awards.

Were Deborah Selwood’s Kadant (KAI) transactions open-market buys or sells?

The transactions were not open-market trades. They primarily reflect the exercise and conversion of restricted stock units into Kadant common stock, plus tax-withholding dispositions where shares were automatically delivered to cover tax obligations tied to the vesting of those RSU awards.
Kadant

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3.38B
11.70M
Specialty Industrial Machinery
Special Industry Machinery (no Metalworking Machinery)
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United States
WESTFORD