Kadant (KAI) SVP & CAO receives new restricted stock unit grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kadant Inc Senior Vice President & Chief Accounting Officer Deborah Selwood reported new equity compensation awards. She received two grants of restricted stock units, one for 528 RSUs tied to fiscal 2026 performance and one for 132 RSUs based on continued employment.
Each RSU corresponds to one share of Kadant common stock. Both awards vest in three annual installments beginning on March 10, 2027, subject to their respective conditions, and the performance-based grant can pay up to 150% of the RSU amount. Following these awards, she directly holds 20,507 common shares, including 72 shares acquired through the employee stock purchase plan on December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SELWOOD DEBORAH
Role
Senior Vice President & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Retricted Stock Unit | 528 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 132 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Retricted Stock Unit — 528 shares (Direct);
Restricted Stock Unit — 132 shares (Direct);
Common Stock — 20,507 shares (Direct)
Footnotes (1)
- Includes 72 shares acquired in an exempt transaction purusant to the Issuer's Employees' Stock Purchase Plan on December 31, 2025. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installments beginning on March 10, 2027, provided that the Issuer meets certain performance requirements for fiscal 2026 and the reporting person is employed by the Issuer on the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount. This RSU vests and becomes exercisable in three annual installments beginning on March 10, 2027, provided the reporting person is employed by the Issuer on the vesting date.
FAQ
What insider transaction did Kadant (KAI) report for Deborah Selwood?
Kadant reported equity awards to Senior Vice President and CAO Deborah Selwood. She received two grants of restricted stock units that convert into common shares, reflecting routine stock-based compensation rather than open-market buying or selling activity in Kadant Inc. shares.
How many restricted stock units did Deborah Selwood receive in Kadant’s Form 4?
Deborah Selwood received two restricted stock unit grants: one for 528 units and another for 132 units. Each RSU represents one share of Kadant common stock, delivering equity compensation that aligns her interests with shareholders over a multi-year vesting period starting in March 2027.
What are the vesting terms of Deborah Selwood’s new Kadant RSU awards?
Both RSU awards begin vesting on March 10, 2027, in three equal annual installments. The 528-unit grant depends on Kadant meeting fiscal 2026 performance goals and her continued employment, while the 132-unit grant requires only continued employment through each vesting date.
Are Deborah Selwood’s Kadant RSU grants performance-based?
One of Deborah Selwood’s new RSU grants is performance-based. The 528-unit award can deliver up to 150% of the granted amount if Kadant meets specified fiscal 2026 performance requirements and she remains employed on vesting dates, adding an incentive tied directly to company results.
What type of transaction code appears on KAI’s Form 4 for these RSUs?
The Form 4 uses transaction code “A” for these restricted stock units, indicating a grant, award, or other acquisition. This shows the RSUs were issued as compensation by Kadant, not purchased or sold in the open market by Deborah Selwood.