Kadant (NYSE: KAI) director receives common shares through 2026 RSU vesting
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 128 | $0.00 | $0.00 |
| Exercise | Common Stock | 128 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted Stock Unit financial
derivative security financial
vesting financial
fiscal quarters financial
FAQ
What insider transaction did Kadant (KAI) director John M. Albertine report?
Was the Kadant (KAI) Form 4 transaction an open-market buy or sell?
What are the vesting terms of John M. Albertine’s Kadant (KAI) restricted stock units?
What does the $0.00 exercise price mean in the Kadant (KAI) Form 4?
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