Kadant (NYSE: KAI) CEO settles RSUs, nets 5,954 shares after taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kadant Inc. President & CEO Jeffrey L. Powell reported routine equity compensation activity involving restricted stock units on March 10, 2026. He exercised RSUs that were granted between 2023 and 2025, converting them into 11,536 shares of common stock on a one-for-one basis as tranches vested.
To cover tax obligations, 5,582 common shares were disposed of at $334.17 per share through share withholding transactions, which are not open-market sales. After these exercises and tax withholdings, Powell directly owned 60,949 shares of Kadant common stock. The filing reflects compensation-related vesting and settlement rather than discretionary buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,536 shares exercised/converted
Mixed
18 txns
Insider
Powell Jeffrey L
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,257 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 813 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,009 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 718 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 2,172 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 567 | $0.00 | -- |
| Exercise | Common Stock | 4,257 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,059 | $334.17 | $688K |
| Exercise | Common Stock | 813 | $0.00 | -- |
| Tax Withholding | Common Stock | 394 | $334.17 | $132K |
| Exercise | Common Stock | 3,009 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,455 | $334.17 | $486K |
| Exercise | Common Stock | 718 | $0.00 | -- |
| Tax Withholding | Common Stock | 348 | $334.17 | $116K |
| Exercise | Common Stock | 2,172 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,051 | $334.17 | $351K |
| Exercise | Common Stock | 567 | $0.00 | -- |
| Tax Withholding | Common Stock | 275 | $334.17 | $92K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 59,252 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 did Kadant (KAI) CEO Jeffrey Powell report in this Form 4?
Jeffrey L. Powell reported routine settlement of vested restricted stock units into common shares. The RSUs, granted between 2023 and 2025, converted into stock as one-third tranches vested on March 10, 2026, reflecting standard equity compensation, not open-market trading.
How were taxes handled on Jeffrey Powell’s Kadant (KAI) RSU vesting?
To satisfy tax obligations, 5,582 Kadant common shares were withheld and disposed of at $334.17 per share. These F-code transactions represent tax-withholding dispositions, not discretionary open-market sales, and are a typical mechanism used when stock awards vest.
Were Jeffrey Powell’s Kadant (KAI) transactions open-market buys or sells?
No open-market buys or sells were reported. The filing shows M-code exercises of restricted stock units into common shares and F-code tax-withholding dispositions, which are compensation-related events rather than discretionary purchases or sales in the public market.
What types of RSU awards vested for the Kadant (KAI) CEO?
Both performance-based and time-based RSU awards vested. For grants dated March 7, 2023, March 6, 2024, and March 4, 2025, one-third of each award vested and became distributable on March 10, 2026, then converted into common stock on a one-for-one basis.