Kadant (NYSE: KAI) VP settles RSU awards, ends with 1,957 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kadant Inc vice president Thomas Andrew Blanchard reported routine equity compensation activity. On March 10, 2026, he exercised and settled restricted stock units that had vested, converting 1,140 shares of RSUs into an equal number of Kadant common shares.
To cover tax obligations, 443 common shares were withheld at a price of $334.17 per share, with the remaining vested shares added to his holdings. Following these transactions, Blanchard directly owned 1,957 shares of Kadant common stock. Footnotes explain that these settlements reflect one-third vesting of performance- and time-based RSU awards granted between March 2023 and March 2025, each converting to common stock on a one-for-one basis at vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,140 shares exercised/converted
Mixed
18 txns
Insider
Blanchard Thomas Andrew
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 411 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 78 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 303 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 72 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 219 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 57 | $0.00 | -- |
| Exercise | Common Stock | 411 | $0.00 | -- |
| Tax Withholding | Common Stock | 159 | $334.17 | $53K |
| Exercise | Common Stock | 78 | $0.00 | -- |
| Tax Withholding | Common Stock | 31 | $334.17 | $10K |
| Exercise | Common Stock | 303 | $0.00 | -- |
| Tax Withholding | Common Stock | 117 | $334.17 | $39K |
| Exercise | Common Stock | 72 | $0.00 | -- |
| Tax Withholding | Common Stock | 28 | $334.17 | $9K |
| Exercise | Common Stock | 219 | $0.00 | -- |
| Tax Withholding | Common Stock | 85 | $334.17 | $28K |
| Exercise | Common Stock | 57 | $0.00 | -- |
| Tax Withholding | Common Stock | 23 | $334.17 | $8K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 1,671 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 comon 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 insider transaction did Kadant (KAI) report for Thomas Andrew Blanchard?
Kadant vice president Thomas Andrew Blanchard reported routine equity compensation activity. On March 10, 2026, he settled restricted stock units, converting 1,140 vested RSU shares into the same number of Kadant common shares as part of scheduled performance- and time-based awards.
What are Thomas Blanchard’s Kadant (KAI) common stock holdings after the transactions?
After the reported transactions, Blanchard directly owned 1,957 Kadant common shares. This balance reflects vested restricted stock units converted into common stock, minus shares withheld to cover related tax obligations on the March 10, 2026 vesting events.
Were the Kadant (KAI) insider transactions open-market buys or sales?
The reported activity consists of RSU settlements and tax withholding, not open-market trades. Code M entries show RSUs converting into common shares, while code F entries reflect shares withheld at $334.17 per share to pay tax obligations tied to the vesting.
Which Kadant (KAI) RSU awards were partially settled in this filing?
The filing shows partial settlement of RSU awards granted on March 7, 2023, March 6, 2024, and March 4, 2025. For each performance- and time-based award, one-third vested on March 10, 2026 and converted into Kadant common stock on a one-for-one basis.