Kennametal (NYSE: KMT) director awarded 4,965 RSUs as 6,092 shares vest
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) director Paul Sternlieb reported equity compensation and vesting activities. On August 15, 2026, he 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 annual installments starting on the first anniversary of the grant.
On August 14, 2026, a total of 6,092 Restricted Stock Units vested and converted into 6,092 shares of common stock at a value reference of $31.22 per share. Of these, 186 shares were delivered or withheld to cover the exercise price or tax liability. This Form 4/A amends a prior Form 4 to include vesting activity that had been inadvertently omitted.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,906 shares
Net Buy
6 txns
Insider
Sternlieb Paul
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 — 13,958 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
RSUs granted: 4,965 units
RSUs vested and converted: 6,092 units
Common shares acquired on vesting: 6,092 shares
+3 more
6 metrics
RSUs granted
4,965 units
Restricted Stock Units granted to Paul Sternlieb on August 15, 2026
RSUs vested and converted
6,092 units
Restricted Stock Units vested and converted into common stock on August 14, 2026
Common shares acquired on vesting
6,092 shares
Common stock received from RSU vesting at $31.22 per share
Shares withheld for tax or exercise
186 shares
Shares delivered or withheld to cover exercise price or tax liability
Reference share price
$31.22 per share
Per-share value applied to vested and withheld common shares
Derivative exercises count
3 transactions
Derivative exercise or conversion transactions reported with code M
Key Terms
Restricted Stock Units, time-based vesting, Form 4/A, exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
time-based vesting financial
"Restricted stock units are subject to time-based vesting"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
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_description: "Exercise or conversion of derivative security""
Payment of exercise price or tax liability financial
"transaction_code_description: "Payment of exercise price or tax liability""
FAQ
What equity award did KMT director Paul Sternlieb receive in this Form 4/A?
Paul Sternlieb received a grant of 4,965 Restricted Stock Units in KENNAMETAL INC (KMT). These RSUs convert 1-for-1 into common stock and are subject to time-based vesting in three equal annual installments beginning on the first anniversary of the grant.
Why is this KMT Form 4/A an amendment rather than an original filing?
This is an amendment because a prior Form 4 filed on August 18, 2026 inadvertently omitted some RSU vesting activity. The Form 4/A explicitly states it is being filed to include the omitted vesting transactions.
Does the KMT Form 4/A indicate transactions under a Rule 10b5-1 plan?
No. The Form 4/A indicates that the Rule 10b5-1 checkbox is not marked, and there is no footnote stating the transactions were executed under a Rule 10b5-1 trading plan, suggesting they were not reported as pre-arranged plan trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
