Kadant (NYSE: KAI) director gains 128 shares as RSUs vest, holds 3,454

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kadant Inc. director Erin L. Russell acquired 128 shares of Common Stock on July 4, 2026 through partial vesting of a restricted stock unit award. After the transaction, she directly holds 3,454 Common shares and 256 Restricted Stock Units. The remaining RSUs vest in equal quarterly installments during 2026 while she continues serving as a director.

Insider Trade Summary

128 shares exercised/converted

Mixed 2 txns

Insider Russell Erin L

Role null

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

Holdings After Transaction: Restricted Stock Unit — 256 shares (Direct, null); Common Stock — 3,454 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares acquired via RSU vesting: 128 shares Common shares held after transaction: 3,454 shares Restricted Stock Units remaining: 256 RSUs +3 more

6 metrics

Shares acquired via RSU vesting 128 shares Common Stock from restricted stock unit vesting on July 4, 2026

Common shares held after transaction 3,454 shares Direct ownership after July 4, 2026 transaction

Restricted Stock Units remaining 256 RSUs Direct derivative holdings after July 4, 2026

RSU expiration date January 31, 2027 Expiration date for the reported Restricted Stock Unit award

Transaction price per share $0.00 Reported price per share for RSU conversion to Common Stock

Derivative exercise shares 128 shares Total shares involved in derivative exercise per transaction summary

Key Terms

Restricted Stock Unit, Exercise or conversion of derivative security, derivative security, vesting

4 terms

Restricted Stock Unit financial

"Represents partial vesting of a restricted stock unit award on July 4, 2026"

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.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

derivative security financial

"Represents partial vesting of a restricted stock unit award"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vesting financial

"The remainder of the shares vest in equal installments on the last day of each of the Issuer's fiscal quarters in 2026"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 08:42 AM Accepted by SEC EDGAR 07/06/2026 - 08:42 AM

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^*

Russell Erin L

(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)
07/04/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/04/2026		M		128	A	⁽¹⁾	3,454	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	$0	07/04/2026		M			128	⁽¹⁾	01/31/2027	Common Stock	128	⁽¹⁾	256	D

Explanation of Responses:

1. Represents partial vesting of a restricted stock unit award on July 4, 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 in equal installments on the last day of each of the Issuer's fiscal quarters in 2026 provided the recipient continues to serve as a director of the Issuer.

Remarks:

	/s/ Stacy D. Krause, by power of attorney	07/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Kadant Inc. (KAI) director Erin L. Russell report?

Erin L. Russell reported acquiring 128 Kadant Inc. Common Stock shares through partial vesting of a restricted stock unit award. The vesting occurred on July 4, 2026, and reflects routine equity compensation rather than an open-market share purchase or sale.

How many Kadant Inc. (KAI) shares does Erin L. Russell hold after this Form 4?

Following the July 4, 2026 transaction, Erin L. Russell directly holds 3,454 shares of Kadant Inc. Common Stock. She also holds 256 Restricted Stock Units, which represent additional potential shares subject to future vesting conditions defined in the company’s equity award agreement.

What is the size of the restricted stock unit vesting reported for Kadant Inc. (KAI)?

The filing shows 128 Restricted Stock Units converting into 128 shares of Kadant Inc. Common Stock. This represents a partial vesting of a larger award granted on March 11, 2026, under the company’s restricted stock unit award agreement for directors.

When do the remaining Kadant Inc. (KAI) restricted stock units for Erin L. Russell vest?

The remaining shares under Erin L. Russell’s restricted stock unit award vest in equal installments on the last day of each Kadant Inc. fiscal quarter in 2026. Vesting is contingent on her continued service as a director during that period.

Is Erin L. Russell’s Kadant Inc. (KAI) Form 4 a market purchase or sale?

The Form 4 does not disclose an open-market purchase or sale. It reports an “M” code transaction, meaning an exercise or conversion of a derivative security, specifically restricted stock units vesting into Common Stock as part of standard director equity compensation.