Kayne Anderson Rudnick (NYSE: KAI) reports 10.1% Kadant stake

Rhea-AI Filing Summary

Kadant Inc received an amended Schedule 13G showing that Kayne Anderson Rudnick Investment Management, LLC beneficially owned 1,189,442 Kadant ordinary shares, representing 10.1% of the class as of 12/31/2025. The filer reports sole voting power over 781,645 shares and shared voting power over 212,222 shares. It also reports sole dispositive power over 977,220 shares and shared dispositive power over 212,222 shares. Kayne Anderson Rudnick certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kadant.

Insights

Equity ownership and governance analyst

Institutional investor reports a 10.1% passive stake in Kadant.

Kayne Anderson Rudnick Investment Management, LLC reports beneficial ownership of 1,189,442 Kadant ordinary shares, equal to 10.1% of the class as of December 31, 2025. Voting and dispositive powers are split between sole and shared authority, reflecting multiple underlying accounts.

The filer certifies the position is held in the ordinary course of business and not to change or influence control of Kadant Inc. This aligns with a passive institutional holder filing under the Schedule 13G framework rather than an activist Schedule 13D.

Future ownership updates would appear in subsequent beneficial ownership filings if Kayne Anderson Rudnick’s percentage changes materially or if its intent regarding control were to shift, based on the regulatory requirements applicable to large shareholders.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Kadant Inc

(Name of Issuer)

Kadant Ord Shs

(Title of Class of Securities)

48282T104

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 48282T104

1

Names of Reporting Persons

Kayne Anderson Rudnick Investment Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 781,645.00
6	Shared Voting Power 212,222.00
7	Sole Dispositive Power 977,220.00
8	Shared Dispositive Power 212,222.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,189,442.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Kadant Inc
(b)	Address of issuer's principal executive offices: One Technology Park Drive, Westford, MA, 01886, US
Item 2.
(a)	Name of person filing: Kayne Anderson Rudnick Investment Management, LLC
(b)	Address or principal business office or, if none, residence: 2000 Avenue of the Stars, Suite 1110, Los Angeles, 90067, CA, United States
(c)	Citizenship: CALIFORNIA
(d)	Title of class of securities: Kadant Ord Shs
(e)	CUSIP No.: 48282T104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,189,442
(b)	Percent of class: 10.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 781,645
	(ii) Shared power to vote or to direct the vote: 212,222
	(iii) Sole power to dispose or to direct the disposition of: 977,220
	(iv) Shared power to dispose or to direct the disposition of: 212,222
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Kayne Anderson Rudnick Investment Management, LLC

Signature:	/s/Michael Shoemaker
Name/Title:	Chief Compliance Officer
Date:	02/13/2026

FAQ

What percentage of Kadant Inc (KAI) shares does Kayne Anderson Rudnick report owning?

Kayne Anderson Rudnick Investment Management, LLC reports beneficial ownership of 10.1% of Kadant Inc’s Kadant Ord Shs. This represents 1,189,442 shares, according to the Schedule 13G/A effective as of December 31, 2025, reflecting its status as a significant institutional shareholder.

How many Kadant Inc (KAI) shares does Kayne Anderson Rudnick beneficially own?

Kayne Anderson Rudnick Investment Management, LLC beneficially owns 1,189,442 Kadant Ord Shs. This holding gives the firm a reported 10.1% stake in Kadant’s outstanding shares as of December 31, 2025, making it a major institutional holder in the company.

What voting power does Kayne Anderson Rudnick have over Kadant Inc (KAI) shares?

Kayne Anderson Rudnick reports sole voting power over 781,645 Kadant shares and shared voting power over 212,222 shares. These figures detail how many shares it can vote independently versus jointly, as disclosed in the Schedule 13G/A ownership breakdown.

What dispositive power does Kayne Anderson Rudnick report over Kadant Inc (KAI) shares?

Kayne Anderson Rudnick has sole dispositive power over 977,220 Kadant shares and shared dispositive power over 212,222 shares. Dispositive power refers to authority to sell or otherwise dispose of the shares, as specified in the Schedule 13G/A filing.

Is Kayne Anderson Rudnick’s Kadant Inc (KAI) stake reported as a passive investment?

Yes. Kayne Anderson Rudnick certifies the Kadant shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Kadant, consistent with a passive Schedule 13G filing rather than an activist position.

As of what date is Kayne Anderson Rudnick’s ownership in Kadant Inc (KAI) reported?

Kayne Anderson Rudnick’s beneficial ownership in Kadant is reported as of December 31, 2025. The amended Schedule 13G/A lists this date as the event requiring the filing, tying the disclosed share and percentage figures to that specific point in time.