Kadant (NYSE: KAI) SVP awarded performance-based and time-based RSUs

Rhea-AI Filing Summary

KRAUSE STACY D. reported acquisition or exercise transactions in this Form 4 filing.

Kadant Inc. executive Stacy D. Krause, SVP, General Counsel and Secretary, reported receiving new restricted stock unit (RSU) awards. On March 10, 2026, she was granted 1,516 RSUs tied to fiscal 2026 performance and 379 time-based RSUs, each convertible into common shares.

The 1,516 performance-based RSUs can deliver up to 150% of the stated amount and vest in three equal installments starting on March 10, 2027, if performance goals are met and employment continues. The 379 RSUs also vest in three annual installments from that date, subject to continued employment. Following these awards, she directly holds 1,363 shares of common stock.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider KRAUSE STACY D.

Role SVP, GC and Secretary

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	1,516	$0.00	--
Grant/Award	Restricted Stock Unit	379	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Unit — 1,516 shares (Direct); Common Stock — 1,363 shares (Direct)

Footnotes (1)

1. 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.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

KRAUSE STACY D.

(Last) (First) (Middle)

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)
	SVP, GC and Secretary

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								1,363	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		1,516		(1)	04/30/2029	Common Stock	1,516	$0	1,516	D
Restricted Stock Unit	$0	03/10/2026		A		379		(2)	04/30/2029	Common Stock	379	$0	379	D

Explanation of Responses:

1. 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.

2. 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	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 did Kadant (KAI) executive Stacy Krause report in this Form 4 filing?

Stacy D. Krause reported receiving new restricted stock unit awards. The filing shows performance-based and time-based RSUs granted on March 10, 2026, which can convert into Kadant common stock if vesting and employment conditions are satisfied over several years.

How many restricted stock units did Kadant SVP Stacy Krause receive?

She received 1,516 performance-based RSUs and 379 time-based RSUs. Each RSU represents the right to receive one share of Kadant common stock if specific vesting criteria and continued employment conditions are met beginning March 10, 2027, over three annual installments.

What are the vesting terms of Stacy Krause’s performance-based RSUs at Kadant (KAI)?

The 1,516 performance-based RSUs vest in three equal installments starting March 10, 2027. Vesting requires Kadant to meet certain fiscal 2026 performance requirements and that she remains employed on each vesting date, with a maximum payout of 150% of the RSU amount.

How do the time-based RSUs granted to Kadant’s SVP vest?

The 379 time-based RSUs vest in three annual installments beginning March 10, 2027. Vesting depends solely on Stacy Krause’s continued employment with Kadant on each vesting date, and each vested RSU entitles her to one share of Kadant common stock upon distribution.

What does the 150% maximum share provision mean for Kadant (KAI) RSUs?

For the 1,516 performance-based RSUs, the maximum number of shares she may receive is 150% of that RSU amount. Actual shares delivered depend on Kadant’s fiscal 2026 performance versus targets, combined with her continued employment through the scheduled vesting dates.

How many Kadant common shares does Stacy Krause hold after these RSU awards?

After these transactions, the filing shows she directly holds 1,363 shares of Kadant common stock. This figure reflects her reported direct ownership position in common shares and is separate from the additional shares that may be issued upon future RSU vesting and distribution.