Kadant Inc. (KAI) director reports 131-share RSU vesting on Form 4
Rhea-AI Filing Summary
Kadant Inc. director reported a small change in ownership from restricted stock units vesting. On January 3, 2026, a restricted stock unit award partially vested, resulting in the delivery of 131 shares of common stock to the reporting person at an exercise price of $0. The award was originally granted under a restricted stock unit award agreement dated May 14, 2025. After this transaction, the director beneficially owns 7,834 shares of Kadant Inc. common stock in direct form.
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FAQ
What insider transaction did Kadant Inc. (KAI) report in this Form 4?
The filing reports that a Kadant Inc. director acquired 131 shares of common stock on January 3, 2026 through the vesting of a restricted stock unit award.
How many Kadant Inc. (KAI) shares does the reporting person own after this transaction?
Following the reported transaction, the director beneficially owns 7,834 shares of Kadant Inc. common stock in direct ownership.
What was the price and nature of the Kadant Inc. (KAI) derivative security involved?
The derivative security was a restricted stock unit with a conversion or exercise price of $0, which converted into 131 shares of common stock upon vesting.
When did the Kadant Inc. (KAI) restricted stock units vest and deliver shares?
The restricted stock units partially vested on January 3, 2026, and shares were delivered to the director in accordance with the award terms.
What is the origin of the restricted stock unit award for the Kadant Inc. (KAI) director?
The RSU award that vested on January 3, 2026, was granted under a restricted stock unit award agreement dated May 14, 2025.
What transaction code is used in the Kadant Inc. (KAI) Form 4 for this event?
The transaction is coded as "M", indicating an exercise or conversion of a derivative security, here the conversion of restricted stock units into common shares.