STOCK TITAN

Kadant (KAI) SVP & CAO receives new restricted stock unit grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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*
SELWOOD DEBORAH

(Last) (First) (Middle)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President & CAO
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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 20,507 D(1)
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
Retricted Stock Unit $0 03/10/2026 A 528 (2) 04/30/2029 Common Stock 528 $0 528 D
Restricted Stock Unit $0 03/10/2026 A 132 (3) 04/30/2029 Common Stock 132 $0 132 D
Explanation of Responses:
1. Includes 72 shares acquired in an exempt transaction purusant to the Issuer's Employees' Stock Purchase Plan on December 31, 2025.
2. 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.
3. 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.
Remarks:
/s/ Stacy D. Krause, by power of attorney 03/10/2026
** 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 (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.

How many Kadant common shares does Deborah Selwood hold after these grants?

After the reported awards, Deborah Selwood directly holds 20,507 Kadant common shares. This total includes 72 shares acquired in an exempt transaction under Kadant’s employee stock purchase plan on December 31, 2025, in addition to her existing equity and the newly granted RSUs.

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.