Kennametal (NYSE: KMT) amends filing to add 6,092-share vesting
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) director Lorraine M. Martin reported multiple equity award updates in this Form 4/A. On August 15, 2026, she received a grant of 4,965 restricted stock units, each convertible into one share of common stock, subject to time-based vesting in three equal installments commencing on the first anniversary of the grant. On August 14, 2026, previously granted restricted stock units vesting on a 1-for-1 basis were exercised or converted in several tranches, resulting in the acquisition of 6,092 shares of common stock at $31.22 per share, with 186 shares delivered or withheld for payment of exercise price or tax liability. The amendment explains that an earlier Form 4 filed on August 18, 2026 inadvertently omitted certain vesting events, which are now included.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 5,906 shares
Net Buy
6 txns
Insider
Martin Lorraine M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 4,965 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3, F2 | 1,860 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3, F2 | 1,933 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 2,299 | $0.00 | $0.00 |
| Exercise | Common Stock F3 | 6,092 | $31.22 | $190K |
| Exercise Price or Tax Liability | Common Stock | 186 | $31.22 | $6K |
Holdings After Transaction:
Restricted Stock Units — 11,498 shares (Direct);
Common Stock — 48,975 shares (Direct)
Footnotes (3)
- F1. 1 for 1
- F2. Restricted stock units are subject to time-based vesting and are disbursed in three equal installments commencing on the first anniversary date of the grant
- F3. On August 18, 2026, the reporting person filed a Form 4 which inadvertently omitted the vesting of certain restricted stock units. This Form 4/A is being filed to include such vesting
Key Figures
RSU grant: 4,965 units
RSU exercises (tranche 1): 1,860 units
RSU exercises (tranche 2): 1,933 units
+4 more
7 metrics
RSU grant
4,965 units
Restricted stock units granted on August 15, 2026, 1-for-1 into common stock
RSU exercises (tranche 1)
1,860 units
Restricted stock units exercised or converted on August 14, 2026
RSU exercises (tranche 2)
1,933 units
Restricted stock units exercised or converted on August 14, 2026
RSU exercises (tranche 3)
2,299 units
Restricted stock units exercised or converted on August 14, 2026
Common shares acquired
6,092 shares
Common stock acquired via exercise or conversion at $31.22 per share on August 14, 2026
Exercise or tax payment shares
186 shares
Shares delivered or withheld for payment of exercise price or tax liability at $31.22 per share
Share price on conversion
$31.22 per share
Price used for common stock transactions on August 14, 2026
Key Terms
Restricted Stock Units, Form 4/A, Exercise or conversion of derivative security, Payment of exercise price or tax liability
4 terms
Restricted Stock Units financial
"The security title reported is "Restricted Stock Units" convertible into common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4/A regulatory
"This Form 4/A is being filed to include such vesting"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
Exercise or conversion of derivative security financial
"Transaction code M is described as "Exercise or conversion of derivative security""
Payment of exercise price or tax liability financial
"Transaction code F is described as "Payment of exercise price or tax liability""
FAQ
What equity awards did KMT director Lorraine M. Martin report in this Form 4/A?
Lorraine M. Martin reported a new grant of 4,965 restricted stock units on August 15, 2026. These units convert 1-for-1 into common shares and vest in three equal annual installments starting on the first anniversary of the grant.
Why was this Kennametal (KMT) insider filing submitted as a Form 4/A amendment?
The filing states that a Form 4 filed on August 18, 2026 inadvertently omitted vesting of certain restricted stock units. This Form 4/A is submitted specifically to include those previously omitted vesting transactions.
How do the restricted stock units reported for KMT vest over time?
The restricted stock units vest on a time-based schedule, disbursed in three equal installments. Vesting commences on the first anniversary of the grant date, with each vested unit converting 1-for-1 into Kennametal common stock.
What is the conversion ratio of the restricted stock units to Kennametal (KMT) common stock?
The footnotes state a conversion ratio of 1 for 1. Each restricted stock unit converts into one share of Kennametal common stock upon vesting and settlement, subject to the time-based vesting schedule described in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
