STOCK TITAN

Kadant (NYSE: KAI) senior VP granted 1,590 restricted stock units

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

Rhea-AI Filing Summary

Kadant Inc senior vice president of corporate development Dara F. Mitchell received grants of restricted stock units on March 10, 2026. The awards cover 1,272 RSUs tied to fiscal 2026 performance and 318 RSUs that vest over time.

Each RSU represents one share of Kadant common stock. Both awards vest in three equal annual installments beginning on March 10, 2027. The performance-based grant can deliver up to 150% of the RSU amount if performance targets are achieved. Following these awards, Mitchell directly holds 1,216 common shares, including 72 acquired through the employee stock purchase plan on December 31, 2025.

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Insider Mitchell Dara F
Role Senior VP, Corp. Development
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 1,272 $0.00 --
Grant/Award Restricted Stock Unit 318 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Unit — 1,272 shares (Direct); Common Stock — 1,216 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*
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 1,216(1) 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 A 1,272 (2) 04/30/2029 Common Stock 1,272 $0 1,272 D
Restricted Stock Unit $0 03/10/2026 A 318 (3) 04/30/2029 Common Stock 318 $0 318 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 transactions did KADANT INC (KAI) report for Dara F. Mitchell?

KADANT INC reported that Dara F. Mitchell received two restricted stock unit grants on March 10, 2026, totaling 1,590 RSUs. These equity awards are part of her compensation and will convert into common shares over time, subject to vesting and performance conditions.

How many restricted stock units did Dara F. Mitchell receive at Kadant (KAI)?

Dara F. Mitchell received 1,272 performance-based restricted stock units and 318 time-based restricted stock units. Each unit equals one Kadant common share, with both grants vesting in three equal annual installments beginning March 10, 2027, assuming continued employment and, for one grant, meeting fiscal 2026 performance requirements.

What are the vesting terms of the new RSU awards at Kadant (KAI)?

Both Kadant RSU awards vest in three equal installments starting March 10, 2027. The 1,272-unit grant requires the company to meet specified fiscal 2026 performance goals and the executive to remain employed on vesting dates, while the 318-unit grant requires continued employment only for vesting.

Can Dara F. Mitchell receive more than the initial RSU amount at Kadant (KAI)?

Yes. For the 1,272 performance-based restricted stock units, the maximum number of Kadant common shares that may be delivered is 150% of the granted amount. Actual shares earned will depend on whether the company meets certain fiscal 2026 performance requirements outlined in the award terms.

What common stock holdings does Dara F. Mitchell have after these Kadant (KAI) awards?

After these awards, Dara F. Mitchell directly holds 1,216 shares of Kadant common stock. This figure includes 72 shares acquired in an exempt transaction under the company’s employee stock purchase plan on December 31, 2025, as disclosed in the footnotes to the filing.

When do Dara F. Mitchell’s Kadant (KAI) restricted stock units expire?

The restricted stock units granted to Dara F. Mitchell on March 10, 2026 carry an expiration date of April 30, 2029. They are intended to vest and be distributed in three annual installments beginning March 10, 2027, provided the applicable employment and, where specified, performance conditions are satisfied.