Kadant (KAI) director converts RSUs into 131 common shares in Form 4

Rhea-AI Filing Summary

Kadant Inc. director reports vesting of restricted stock units. A company director converted a restricted stock unit award into 131 shares of Kadant common stock on January 3, 2026. The transaction was reported as a code M, meaning derivative securities were converted into common stock at an exercise price of $0.

After this partial vesting, the director now beneficially owns 3,197 shares of Kadant common stock in direct ownership. The vesting relates to a restricted stock unit award agreement dated May 14, 2025.

Insider Trade Summary

131 shares exercised/converted

Mixed 2 txns

Insider Russell Erin L

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	131	$0.00	--
Exercise	Common Stock	131	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 3,197 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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 MA 01886

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/03/2026

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

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

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

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	01/03/2026		M		131	A	(1)	3,197	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	01/03/2026		M			131	(1)	01/31/2026	Common Stock	131	$0	0	D

Explanation of Responses:

1. Represents partial vesting of a restricted stock unit award on January 3, 2026 and delivery of shares of the reporting person pursuant to the terms of a restricted stock unit award agreement dated May 14, 2025.

Remarks:

	/s/ Stacy D. Krause, by power of attorney	01/06/2026
	** 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.

FAQ

What insider transaction did Kadant Inc (KAI) report in this Form 4?

A director of Kadant Inc. reported the vesting of restricted stock units into 131 shares of common stock on January 3, 2026, shown as a code M transaction.

How many Kadant (KAI) shares does the reporting person own after this transaction?

Following the reported transaction, the director beneficially owns 3,197 shares of Kadant Inc. common stock in direct ownership.

What type of security vested in the Kadant (KAI) insider transaction?

The transaction involved a restricted stock unit award that converted into 131 shares of Kadant common stock at an exercise price of $0.

When did the Kadant (KAI) restricted stock units vest?

The restricted stock units partially vested on January 3, 2026, resulting in delivery of 131 common shares to the reporting person.

What is the origin of the restricted stock unit award reported by Kadant (KAI)?

The vesting relates to a restricted stock unit award agreement dated May 14, 2025, under which part of the award vested on January 3, 2026.