Kadant (KAI) SVP Michael Colwell receives new performance and service RSUs
Rhea-AI Filing Summary
Colwell Michael C. reported acquisition or exercise transactions in this Form 4 filing.
Kadant Inc. senior vice president Michael C. Colwell received new equity awards in the form of restricted stock units (RSUs). On March 10, 2026, he was granted 1,487 RSUs tied to common stock and 372 additional RSUs, both at no cash cost.
The 1,487 performance-based RSUs vest and are distributed in three equal installments starting on March 10, 2027, if Kadant meets specified fiscal 2026 performance requirements and he remains employed on each vesting date. The maximum payout on this grant can reach 150% of the stated RSU amount. The 372 service-based RSUs also vest in three annual installments beginning March 10, 2027, contingent on continued employment. Following these awards, he directly holds 3,056 shares of Kadant common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,487 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 372 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.