Kadant (NYSE: KAI) SVP gains stock from RSUs as shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kadant Inc. senior vice president and general counsel Stacy D. Krause reported the vesting and settlement of several restricted stock unit (RSU) awards on March 10, 2026. She exercised RSUs into 2,172 shares of common stock at $0.00 per share. To cover tax obligations, 945 common shares were withheld at $334.17 per share through tax-withholding dispositions, which are not open-market sales. After these compensation-related transactions, Krause directly owned 2,590 shares of Kadant common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,172 shares exercised/converted
Mixed
18 txns
Insider
KRAUSE STACY D.
Role
SVP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 778 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 148 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 580 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 138 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 419 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 109 | $0.00 | -- |
| Exercise | Common Stock | 778 | $0.00 | -- |
| Tax Withholding | Common Stock | 338 | $334.17 | $113K |
| Exercise | Common Stock | 148 | $0.00 | -- |
| Tax Withholding | Common Stock | 65 | $334.17 | $22K |
| Exercise | Common Stock | 580 | $0.00 | -- |
| Tax Withholding | Common Stock | 252 | $334.17 | $84K |
| Exercise | Common Stock | 138 | $0.00 | -- |
| Tax Withholding | Common Stock | 60 | $334.17 | $20K |
| Exercise | Common Stock | 419 | $0.00 | -- |
| Tax Withholding | Common Stock | 182 | $334.17 | $61K |
| Exercise | Common Stock | 109 | $0.00 | -- |
| Tax Withholding | Common Stock | 48 | $334.17 | $16K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 2,141 shares (Direct)
Footnotes (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.
FAQ
What did Kadant (KAI) executive Stacy Krause report in this Form 4?
Stacy D. Krause reported RSU vesting that converted into common stock and related tax-withholding transactions. She exercised restricted stock units into 2,172 Kadant shares, then had 945 shares withheld to satisfy tax obligations, ending with direct ownership of 2,590 shares.
Were any of Stacy Krause’s Kadant (KAI) transactions open-market sales?
No, the disposition transactions were all coded “F” for tax withholding. Shares were delivered back to the issuer at $334.17 per share to cover tax liabilities on RSU vesting, rather than being sold in the open market to third-party buyers.
What RSU awards underlie Stacy Krause’s Kadant (KAI) Form 4 filing?
The filing reflects partial settlement of performance-based and time-based RSU awards granted on March 7, 2023, March 6, 2024, and March 4, 2025. For each grant, one-third of the RSUs vested on March 10, 2026 and converted one-for-one into common shares.