STOCK TITAN

Kadant (NYSE: KAI) SVP adds shares through RSU vesting and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kadant Inc Senior VP of Corporate Development Dara F. Mitchell reported the vesting and settlement of multiple restricted stock unit (RSU) awards on March 10, 2026. Performance-based and time-based RSUs granted in 2023, 2024, and 2025 vested one-third and were converted to common stock on a one-for-one basis.

Mitchell acquired a total of 1,425 shares of common stock through RSU conversions and delivered 692 shares at $334.17 per share to satisfy tax obligations. The net result is 733 additional shares of common stock, bringing Mitchell’s direct holdings to 1,949 shares.

Positive

  • None.

Negative

  • None.
Insider Mitchell Dara F
Role Senior VP, Corp. Development
Type Security Shares Price Value
Exercise Restricted Stock Unit 508 $0.00 --
Exercise Restricted Stock Unit 97 $0.00 --
Exercise Restricted Stock Unit 385 $0.00 --
Exercise Restricted Stock Unit 92 $0.00 --
Exercise Restricted Stock Unit 272 $0.00 --
Exercise Restricted Stock Unit 71 $0.00 --
Exercise Common Stock 508 $0.00 --
Tax Withholding Common Stock 246 $334.17 $82K
Exercise Common Stock 97 $0.00 --
Tax Withholding Common Stock 47 $334.17 $16K
Exercise Common Stock 385 $0.00 --
Tax Withholding Common Stock 187 $334.17 $62K
Exercise Common Stock 92 $0.00 --
Tax Withholding Common Stock 45 $334.17 $15K
Exercise Common Stock 272 $0.00 --
Tax Withholding Common Stock 132 $334.17 $44K
Exercise Common Stock 71 $0.00 --
Tax Withholding Common Stock 35 $334.17 $12K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 1,724 shares (Direct)
Footnotes (1)
  1. The shares represent the partial settlement under a performance-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a time-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a performance-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a time-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a performance-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date. The shares represent the partial settlement under a time-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis 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*
Mitchell Dara F

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP, Corp. Development
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 03/10/2026 M 508 A (1) 1,724 D
Common Stock 03/10/2026 F 246 D $334.17 1,478 D
Common Stock 03/10/2026 M 97 A (2) 1,575 D
Common Stock 03/10/2026 F 47 D $334.17 1,528 D
Common Stock 03/10/2026 M 385 A (3) 1,913 D
Common Stock 03/10/2026 F 187 D $334.17 1,726 D
Common Stock 03/10/2026 M 92 A (4) 1,818 D
Common Stock 03/10/2026 F 45 D $334.17 1,773 D
Common Stock 03/10/2026 M 272 A (5) 2,045 D
Common Stock 03/10/2026 F 132 D $334.17 1,913 D
Common Stock 03/10/2026 M 71 A (6) 1,984 D
Common Stock 03/10/2026 F 35 D $334.17 1,949 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 03/10/2026 M 508 (1) 04/30/2026 Common Stock 508 $0 0 D
Restricted Stock Unit $0 03/10/2026 M 97 (2) 04/30/2026 Common Stock 97 $0 0 D
Restricted Stock Unit $0 03/10/2026 M 385 (3) 04/30/2027 Common Stock 385 $0 384 D
Restricted Stock Unit $0 03/10/2026 M 92 (4) 04/30/2027 Common Stock 92 $0 91 D
Restricted Stock Unit $0 03/10/2026 M 272 (5) 04/30/2028 Common Stock 272 $0 543 D
Restricted Stock Unit $0 03/10/2026 M 71 (6) 04/30/2028 Common Stock 71 $0 142 D
Explanation of Responses:
1. The shares represent the partial settlement under a performance-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
2. The shares represent the partial settlement under a time-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
3. The shares represent the partial settlement under a performance-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
4. The shares represent the partial settlement under a time-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
5. The shares represent the partial settlement under a performance-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
6. The shares represent the partial settlement under a time-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
Remarks:
/s/ Stacy D. Krause, by power of attorney 03/12/2026
** 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 Dara F. Mitchell?

Kadant reported that Senior VP Dara F. Mitchell settled multiple RSU awards. One-third of several time- and performance-based RSUs vested on March 10, 2026 and converted into common stock on a one-for-one basis, increasing her direct equity position in the company.

How many Kadant (KAI) shares did Dara F. Mitchell acquire through RSU vesting?

Dara F. Mitchell acquired 1,425 shares of Kadant common stock through RSU conversions. These shares came from partial settlements of performance-based and time-based RSUs granted in 2023, 2024, and 2025, each vesting one-third and settling in stock on March 10, 2026.

How many Kadant (KAI) shares were withheld for Dara F. Mitchell’s taxes?

A total of 692 Kadant common shares were withheld to cover Dara F. Mitchell’s tax obligations. These tax-withholding transactions were executed at a price of $334.17 per share and are recorded with code F, indicating payment of tax liability using company stock.

What is Dara F. Mitchell’s Kadant (KAI) shareholding after these transactions?

Following the RSU vesting and related tax withholding, Dara F. Mitchell holds 1,949 Kadant common shares directly. This total reflects both the new shares received from RSU conversions and the shares delivered back to the company to satisfy tax obligations on the vesting.

Were Dara F. Mitchell’s Kadant (KAI) transactions open-market buys or sales?

The transactions were not open-market buys or sales. They reflect RSU vesting (coded M) that converted into common stock and tax-withholding dispositions (coded F), where some shares were delivered to satisfy tax liabilities associated with the vesting event.

What types of RSU awards vested for Dara F. Mitchell at Kadant (KAI)?

Both performance-based and time-based RSU awards vested for Dara F. Mitchell. Footnotes show grants dated March 7, 2023, March 6, 2024, and March 4, 2025, with one-third of each award vesting and converting into Kadant common stock on March 10, 2026.