Kadant executive granted new RSU awards
Kadant Inc senior vice president of corporate development Dara F. Mitchell received grants of restricted stock units on March 10, 2026.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,272 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 318 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Includes 72 shares acquired in an exempt transaction purusant to the Issuer's Employees' Stock Purchase Plan on December 31, 2025.
- F2. 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.
- F3. 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.
FAQ
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What insider transactions did KADANT INC (KAI) report for Dara F. Mitchell?
How many restricted stock units did Dara F. Mitchell receive at Kadant (KAI)?
What are the vesting terms of the new RSU awards at Kadant (KAI)?
Can Dara F. Mitchell receive more than the initial RSU amount at Kadant (KAI)?
What common stock holdings does Dara F. Mitchell have after these Kadant (KAI) awards?
When do Dara F. Mitchell’s Kadant (KAI) restricted stock units expire?
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