Kadant (NYSE: KAI) SVP adds shares through RSU vesting and tax withholding
Filing Impact
Filing Sentiment
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 Trade Summary
1,425 shares exercised/converted
Mixed
18 txns
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)
- 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.
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.
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.