Kadant (NYSE: KAI) SVP gains shares from RSU vesting, some withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kadant Inc Senior Vice President Michael C. Colwell reported multiple compensation-related stock transactions tied to restricted stock units (RSUs). On March 10, 2026, he exercised RSUs to acquire 1,632 shares of common stock at a conversion price of $0.00 per share.
To cover tax obligations, 743 shares of common stock were disposed of at $334.17 per share through issuer tax withholding, not open-market sales. After these vesting and tax-withholding entries, Colwell directly holds 3,945 shares of Kadant common stock. Footnotes state these are one-third vesting installments from performance- and time-based RSU awards granted in 2023, 2024, and 2025, each converting to common stock on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,632 shares exercised/converted
Mixed
18 txns
Insider
Colwell Michael C.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 583 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 111 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 438 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 105 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 313 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 82 | $0.00 | -- |
| Exercise | Common Stock | 583 | $0.00 | -- |
| Tax Withholding | Common Stock | 265 | $334.17 | $89K |
| Exercise | Common Stock | 111 | $0.00 | -- |
| Tax Withholding | Common Stock | 51 | $334.17 | $17K |
| Exercise | Common Stock | 438 | $0.00 | -- |
| Tax Withholding | Common Stock | 199 | $334.17 | $66K |
| Exercise | Common Stock | 105 | $0.00 | -- |
| Tax Withholding | Common Stock | 48 | $334.17 | $16K |
| Exercise | Common Stock | 313 | $0.00 | -- |
| Tax Withholding | Common Stock | 142 | $334.17 | $47K |
| Exercise | Common Stock | 82 | $0.00 | -- |
| Tax Withholding | Common Stock | 38 | $334.17 | $13K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 3,639 shares (Direct)
Footnotes (1)
- The shares represent the partial settlement under a perfomance-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.
FAQ
What insider transactions did Kadant (KAI) report for Michael C. Colwell?
Michael C. Colwell exercised restricted stock units to acquire 1,632 Kadant shares, then had 743 shares withheld to cover taxes. These transactions reflect RSU vesting and tax withholding, not open-market buying or selling, and increased his direct holdings to 3,945 shares of common stock.
Are the Kadant (KAI) transactions by Michael C. Colwell open-market trades?
No, the reported entries are RSU exercises and tax-withholding dispositions, not open-market trades. Code M reflects derivative exercises converting RSUs into common stock, while code F entries represent shares withheld by the issuer to pay related tax obligations on the vesting.
What RSU awards underlie Michael C. Colwell’s Kadant (KAI) Form 4 transactions?
The filing shows partial settlements of performance- and time-based RSU awards granted on March 7, 2023, March 6, 2024, and March 4, 2025. One-third of each award vested and became distributable on March 10, 2026, then converted to common stock one-for-one.