Kadant (NYSE: KAI) senior VP granted 1,590 restricted stock units
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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.
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.