Kadant director Thomas C. Leonard receives 128 shares

The remainder of the award vests on the last day of Kadant’s fiscal 2026 fourth quarter, provided Thomas C. Leonard continues to serve as a director.

Rhea-AI Filing Summary

Kadant Inc director Thomas C. Leonard partially vested 128 Restricted Stock Units on October 3, 2026, and received 128 shares of common stock under an award agreement dated March 11, 2026. His direct common-stock holdings after the transaction were 4,898 shares. The form lists 128 Restricted Stock Units following the transaction. A footnote says the remainder of the award vests on the last day of Kadant’s fiscal 2026 fourth quarter if he continues to serve as a director.

Insider Trade Summary

128 shares exercised/converted

Exercise 2 txns

Insider LEONARD THOMAS C

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit F1	128	$0.00	$0.00
Exercise	Common Stock F1	128	--	--

Holdings After Transaction: Restricted Stock Unit — 128 contracts (Direct); Common Stock — 4,898 shares (Direct)

Footnotes (1)

1. F1. Represents partial vesting of a restricted stock unit award on October 3, 2026 and delivery of shares of the reporting person pursuant to the terms of a restricted stock unit award agreement dated March 11, 2026. The remainder of the shares vest on the last day of the Issuer's fourth quarter in fiscal 2026 provided the recipient continues to serve as a director of the Issuer.

Key Figures

Restricted Stock Units partially vested: 128 Restricted Stock Units Common shares delivered: 128 shares Direct common-stock holdings after transaction: 4,898 shares +1 more

4 metrics

Restricted Stock Units partially vested 128 Restricted Stock Units October 3, 2026

Common shares delivered 128 shares October 3, 2026

Direct common-stock holdings after transaction 4,898 shares Thomas C. Leonard

Restricted Stock Units following transaction 128 Restricted Stock Units Reported following the October 3, 2026 transaction

Key Terms

Restricted Stock Unit, partial vesting, restricted stock unit award agreement

3 terms

Restricted Stock Unit technical

"partial vesting of a restricted stock unit award"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

partial vesting technical

"Represents partial vesting of a restricted stock unit award"

restricted stock unit award agreement technical

"terms of a restricted stock unit award agreement"

A restricted stock unit (RSU) award agreement is a formal promise from a company that an employee or contractor will receive company shares (or cash equal to their value) after meeting certain conditions, such as staying with the company for a set time or hitting performance targets. Investors care because RSUs can dilute existing shares when converted, reveal how management is paid and incentivized, and signal future share issuance that can affect earnings and stock value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many KAI shares did director Thomas C. Leonard receive?

Thomas C. Leonard received 128 shares of common stock when 128 Restricted Stock Units partially vested on October 3, 2026. The shares were delivered under a restricted stock unit award agreement dated March 11, 2026.

When will the remaining KAI restricted stock unit award vest?

The remainder of the award vests on the last day of Kadant’s fiscal 2026 fourth quarter, provided Thomas C. Leonard continues to serve as a director.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 09:04 AM Accepted by SEC EDGAR 10/05/2026 - 09:03 AM Learn about SEC filing dates

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^*

LEONARD THOMAS C

(Last) (First) (Middle)

KADANT INC.

ONE TECHNOLOGY PARK DRIVE

(Street)

WESTFORD MASSACHUSETTS 01886

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
KADANT INC [ KAI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	10/03/2026		M		128	A	(1)	4,898	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	10/03/2026		M			128	(1)	01/31/2027	Common Stock	128	$0	128	D

Explanation of Responses:

1. Represents partial vesting of a restricted stock unit award on October 3, 2026 and delivery of shares of the reporting person pursuant to the terms of a restricted stock unit award agreement dated March 11, 2026. The remainder of the shares vest on the last day of the Issuer's fourth quarter in fiscal 2026 provided the recipient continues to serve as a director of the Issuer.

Remarks:

	/s/ Stacy D. Krause, by power of attorney	10/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)