Kadant (NYSE: KAI) director receives 129 shares from RSU vesting
Rhea-AI Filing Summary
Kadant Inc. director John M. Albertine exercised a restricted stock unit award, converting 129 restricted stock units into 129 shares of common stock on April 4, 2026. This was a partial vesting under a restricted stock unit agreement dated March 11, 2026, and represents compensation-related equity, not an open-market trade.
Following the transaction, Albertine directly holds 7,963 shares of Kadant common stock. The remaining units from this award are scheduled to vest in equal installments on the last day of each of Kadant’s fiscal quarters in 2026, provided he continues to serve as a director.
Positive
- None.
Negative
- None.
Insights
Director’s 129‑share RSU vesting is routine equity compensation with no open-market buying or selling.
The filing shows John M. Albertine converting 129 restricted stock units into the same number of common shares at a $0.00 exercise price. This is standard director compensation vesting rather than a discretionary purchase or sale in the market.
After the vesting, he directly owns 7,963 common shares, so the new shares represent a small addition to his position. The footnote explains that remaining units from the March 11, 2026 award will vest quarterly through 2026, contingent on his continued board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 129 | $0.00 | $0.00 |
| Exercise | Common Stock | 129 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents partial vesting of a restricted stock unit award on April 4, 2026 and delivery of shares of the reporting person pursuant to the terms of a restricted stock unit award agreement dated March 11, 2026. The remainder of the shares vest in equal installments on the last day of each of the Issuer's fiscal quarters in 2026 provided the recipient continues to serve as a director of the Issuer.
Key Figures
Key Terms
Restricted Stock Unit financial
partial vesting financial
derivative security financial
fiscal quarters financial
exercise or conversion financial
AI-generated analysis. How Rhea-AI works. Not financial advice.