Kadant (NYSE: KAI) SVP gains stock from RSUs as shares withheld for tax

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.

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)

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

KRAUSE STACY D.

(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)
	SVP, GC and Secretary

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		778	A	(1)	2,141	D
Common Stock	03/10/2026		F		338	D	$334.17	1,803	D
Common Stock	03/10/2026		M		148	A	(2)	1,951	D
Common Stock	03/10/2026		F		65	D	$334.17	1,886	D
Common Stock	03/10/2026		M		580	A	(3)	2,466	D
Common Stock	03/10/2026		F		252	D	$334.17	2,214	D
Common Stock	03/10/2026		M		138	A	(4)	2,352	D
Common Stock	03/10/2026		F		60	D	$334.17	2,292	D
Common Stock	03/10/2026		M		419	A	(5)	2,711	D
Common Stock	03/10/2026		F		182	D	$334.17	2,529	D
Common Stock	03/10/2026		M		109	A	(6)	2,638	D
Common Stock	03/10/2026		F		48	D	$334.17	2,590	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			778	(1)	04/30/2026	Common Stock	778	$0	0	D
Restricted Stock Unit	$0	03/10/2026		M			148	(2)	04/30/2026	Common Stock	148	$0	0	D
Restricted Stock Unit	$0	03/10/2026		M			580	(3)	04/30/2027	Common Stock	580	$0	579	D
Restricted Stock Unit	$0	03/10/2026		M			138	(4)	04/30/2027	Common Stock	138	$0	138	D
Restricted Stock Unit	$0	03/10/2026		M			419	(5)	04/30/2028	Common Stock	419	$0	836	D
Restricted Stock Unit	$0	03/10/2026		M			109	(6)	04/30/2028	Common Stock	109	$0	218	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	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.
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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.

How many Kadant (KAI) shares did Stacy Krause receive from RSU vesting?

She received 2,172 shares of Kadant common stock from the exercise and settlement of multiple RSU awards. Each RSU converted into one share of common stock on the March 10, 2026 vesting date, as described in the performance-based and time-based RSU footnotes.

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.

How many Kadant (KAI) shares were withheld for Stacy Krause’s taxes?

A total of 945 Kadant common shares were withheld to pay taxes tied to RSU vesting. These tax-withholding dispositions occurred at a price of $334.17 per share and are routine administrative transactions, not discretionary market sales of stock.

What is Stacy Krause’s Kadant (KAI) share ownership after these transactions?

Following the RSU exercises and related tax withholding, Stacy D. Krause directly owns 2,590 shares of Kadant common stock. This post-transaction balance reflects all reported RSU conversions and F-code tax dispositions on March 10, 2026 in this filing.

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.