Kadant (NYSE: KAI) director receives common shares through 2026 RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALBERTINE JOHN M reported acquisition or exercise transactions in this Form 4 filing.
Kadant Inc. director John M. Albertine reported a routine equity compensation event involving restricted stock units. On July 4, 2026, 128 restricted stock units partially vested and were delivered as 128 shares of common stock at a stated price of $0.00 per share, reflecting the nature of the award rather than a market transaction. Following the transaction, he directly held 8,091 shares of common stock and 256 restricted stock units. The footnote explains that the remaining units from the March 11, 2026 award will vest in equal installments on the last day of each of Kadant’s fiscal quarters in 2026, as long as he continues serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
128 shares exercised/converted
Mixed
2 txns
Insider
ALBERTINE JOHN M
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 — 8,091 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs vested: 128 units
Shares delivered: 128 shares
Exercise price: $0.00 per share
+3 more
6 metrics
RSUs vested
128 units
Partial vesting and delivery on July 4, 2026
Shares delivered
128 shares
Common stock received from RSU vesting
Exercise price
$0.00 per share
Conversion of restricted stock units
Common shares held after
8,091 shares
Direct ownership after July 4, 2026 transaction
Restricted stock units held after
256 units
Remaining RSUs after partial vesting
RSU expiration date
January 31, 2027
Expiration for the reported RSU award
Key Terms
Restricted Stock Unit, derivative security, vesting, fiscal quarters
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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
"Represents partial vesting of a restricted stock unit award on July 4, 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.
fiscal quarters financial
"The remainder of the shares vest in equal installments on the last day of each of the Issuer's fiscal quarters in 2026"
FAQ
What insider transaction did Kadant (KAI) director John M. Albertine report?
John M. Albertine reported a partial vesting of 128 restricted stock units that converted into 128 Kadant common shares. This was an equity compensation event under a restricted stock unit award, not an open-market stock purchase or sale.
Was the Kadant (KAI) Form 4 transaction an open-market buy or sell?
The Form 4 shows no open-market buy or sell. It records the exercise of restricted stock units at $0.00 per share, meaning the shares were delivered as part of a compensation award rather than traded on the market.
What are the vesting terms of John M. Albertine’s Kadant (KAI) restricted stock units?
The award partially vested on July 4, 2026, delivering 128 shares. The remaining units from the March 11, 2026 award vest in equal installments on the last day of each Kadant fiscal quarter in 2026, if he continues serving as a director.
What does the $0.00 exercise price mean in the Kadant (KAI) Form 4?
The $0.00 price reflects that restricted stock units are granted as compensation, not purchased for cash. When they vest, they convert into common shares without the director paying an exercise price, unlike traditional stock options that require a cash payment.