Kadant (NYSE: KAI) director gains 129 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kadant Inc. director Jonathan W. Painter reported a compensation-related share acquisition. On April 4, 2026, a restricted stock unit award partially vested, and he received 129 shares of common stock at an exercise price of $0.00 per share.
After this vesting, he directly holds 8,877 common shares and reports an additional 3 shares held indirectly by his son. According to the award agreement, the remaining units 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.
Insider Trade Summary
129 shares exercised/converted
Mixed
3 txns
Insider
Painter Jonathan W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 129 | $0.00 | -- |
| Exercise | Common Stock | 129 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 384 shares (Direct);
Common Stock — 8,877 shares (Direct);
Common Stock — 3 shares (Indirect, By Son)
Footnotes (1)
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Key Figures
RSU shares vested: 129 shares
Exercise price: $0.00 per share
Direct holdings after vesting: 8,877 shares
+3 more
6 metrics
RSU shares vested
129 shares
Partial vesting on April 4, 2026
Exercise price
$0.00 per share
Conversion of restricted stock units to common stock
Direct holdings after vesting
8,877 shares
Common stock held directly after April 4, 2026 transaction
Indirect holdings
3 shares
Common stock held indirectly by son
RSU underlying shares
129 shares
Underlying common stock for vested restricted stock units
RSU expiration date
January 31, 2027
Stated expiration for restricted stock unit award
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, Common Stock, Indirect ownership, +1 more
5 terms
Restricted Stock Unit financial
"Represents partial vesting of a restricted stock unit award on April 4, 2026"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Exercise or conversion of derivative security financial
"transaction code description: Exercise or conversion of derivative security"
Common Stock financial
"underlying security title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Indirect ownership financial
"total shares following transaction: 3.0000, nature of ownership: By Son"
Director financial
"provided the recipient continues to serve as a director of the Issuer"
FAQ
What did Kadant (KAI) director Jonathan Painter report in this Form 4?
Director Jonathan W. Painter reported a partial vesting of restricted stock units, resulting in the acquisition of 129 shares of Kadant common stock. The vesting reflects routine director compensation under a previously granted award agreement dated March 11, 2026, rather than an open-market stock purchase.
What are Jonathan Painter’s Kadant (KAI) holdings after this Form 4 transaction?
Following the reported vesting, Jonathan W. Painter directly holds 8,877 shares of Kadant common stock. He also reports 3 additional shares held indirectly by his son, reflecting a small indirect ownership position alongside his primary direct shareholdings in the company.
Were the Kadant (KAI) RSUs exercised at a cash cost to Jonathan Painter?
No cash outlay was reported. The restricted stock units were converted into 129 shares at an exercise price of $0.00 per share. This indicates the shares were delivered as equity compensation under the award’s terms, not purchased on the open market.
How will the remaining Kadant (KAI) restricted stock units vest for Jonathan Painter?
The filing notes that remaining restricted stock units will vest in equal installments on the last day of each of Kadant’s fiscal quarters in 2026. This future vesting is conditioned on Painter’s continued service as a director throughout the vesting period.
Does this Kadant (KAI) Form 4 show any open-market stock sales or purchases?
The reported activity reflects restricted stock unit vesting, not open-market trades. Shares were delivered at $0.00 per share as part of director compensation. No open-market buying or selling transactions are indicated in the provided Form 4 data.