Kennametal (NYSE: KMT) VP earns new performance stock awards
Rhea-AI Filing Summary
Bacchus Judith L reported acquisition or exercise transactions in this Form 4 filing.
KENNAMETAL INC Vice President Judith L. Bacchus reported equity compensation on July 27, 2026. She was credited with four blocks of common stock tied to performance stock units: 5,438, 8,156, 5,798 and 5,302 shares, deemed earned under 2023–2025 Performance Unit Awards after 200.0% payout determinations on adjusted ROIC and adjusted EBITDA margin metrics. Vesting and actual distribution of these shares remain contingent on her continued employment through dates ranging from August 15, 2025 to August 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 24,694 shares
Net Buy
4 txns
Insider
Bacchus Judith L
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 5,438 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3, F2 | 8,156 | $0.00 | $0.00 |
| Grant/Award | Common Stock F4, F2 | 5,798 | $0.00 | $0.00 |
| Grant/Award | Common Stock F5, F2 | 5,302 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 29,307.54 shares (Direct)
Footnotes (5)
- F1. Represents 5,438 performance stock units deemed to have been earned by the Compensation and Human Capital Committee, the Committee, on July 27, 2026, with respect to the third tranche of the Performance Unit Award relating to adjusted ROIC granted to the reporting person on August 15, 2023, the 2023 Performance Unit Award, under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout multiple at 200.0 percent for such tranche of the 2023 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2026
- F2. Includes 2,263.54 shares held in the Kennametal Inc. 401(k) Plan
- F3. Represents 8,156 performance stock units deemed to have been earned by the Committee on July 27,2026, with respect to the tranche of the 2023 Performance Unit Award relating to adjusted EBITDA margin, under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 27,2026, the Committee approved adjusted EBITDA margin payout at 200.0%\ percent for such tranche of the 2023 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2025
- F4. Represents 5,798 performance stock units deemed to have been earned by the Committee on July 27, 2026, with respect to the second tranche of the Performance Unit Award relating to adjusted ROIC granted to the reporting person on August 15, 2024, the 2024 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout at 200.0 percent for such tranche of the 2024 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting person's continued employment with the Company through August 15, 2027
- F5. Represents 5,302 performance stock units deemed to have been earned by the Committee on July 27, 2026, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2025 (the 2025 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout multiple at 200.0 percent for the first tranche of the 2025 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2028
Key Figures
Performance stock units earned (2023 ROIC tranche): 5,438 shares
Performance stock units earned (2023 EBITDA tranche): 8,156 shares
Performance stock units earned (2024 ROIC tranche): 5,798 shares
+4 more
7 metrics
Performance stock units earned (2023 ROIC tranche)
5,438 shares
Third tranche of 2023 Performance Unit Award relating to adjusted ROIC deemed earned July 27, 2026
Performance stock units earned (2023 EBITDA tranche)
8,156 shares
Tranche of 2023 Performance Unit Award relating to adjusted EBITDA margin deemed earned July 27, 2026
Performance stock units earned (2024 ROIC tranche)
5,798 shares
Second tranche of 2024 Performance Unit Award relating to adjusted ROIC deemed earned July 27, 2026
Performance stock units earned (2025 award first tranche)
5,302 shares
First tranche of 2025 Performance Unit Award deemed earned July 27, 2026
Adjusted ROIC payout multiple
200.0 percent
Approved by committee for relevant 2023 and 2024 Performance Unit Award tranches on July 27, 2026
Adjusted EBITDA margin payout
200.0%
Approved by committee for 2023 Performance Unit Award tranche on July 27, 2026
Shares held in 401(k) Plan
2,263.54 shares
Portion of Judith L. Bacchus’s holdings in the Kennametal Inc. 401(k) Plan
Key Terms
performance stock units, Performance Unit Award, adjusted ROIC, adjusted EBITDA margin, +2 more
6 terms
performance stock units financial
"Represents 5,438 performance stock units deemed to have been earned"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Performance Unit Award financial
"with respect to the third tranche of the Performance Unit Award relating"
adjusted ROIC financial
"Performance Unit Award relating to adjusted ROIC granted to the reporting person"
Adjusted ROIC measures how effectively a company turns the money it has invested in its business into profit, but after removing one-time items and accounting tweaks so the result shows the recurring operating performance. Think of it like checking a car’s fuel efficiency after unloading temporary extra weight: it gives investors a clearer view of the business’s true efficiency and helps compare companies or track whether management is improving returns on the capital used to run and grow the business.
adjusted EBITDA margin financial
"Performance Unit Award relating to adjusted EBITDA margin, under the Kennametal Inc."
Adjusted EBITDA margin shows how much profit a company makes from its core operations, expressed as a percentage of its total revenue, after removing certain one-time or unusual expenses and income. It helps investors understand the company's true earning ability from regular business activities, making it easier to compare performance over time or with other companies. Think of it as measuring the efficiency of a business in turning sales into profits, excluding irregular adjustments.
401(k) Plan financial
"Includes 2,263.54 shares held in the Kennametal Inc. 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Stock and Incentive Plan financial
"under the Kennametal Inc. 2020 Stock and Incentive Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did KMT report for Judith L. Bacchus on July 27, 2026?
Kennametal Vice President Judith L. Bacchus reported four equity award entries on July 27, 2026. She was credited with performance stock units converting into 5,438, 8,156, 5,798 and 5,302 shares of common stock, all subject to future vesting and service conditions.
How many performance stock units did KMT’s Judith L. Bacchus have deemed earned?
Judith L. Bacchus had performance stock units deemed earned for a total of four tranches: 5,438, 8,156, 5,798 and 5,302 units. Each tranche corresponds to specific 2023–2025 Performance Unit Awards under Kennametal stock incentive plans.
What performance metrics drove the KMT awards to Judith L. Bacchus?
The awards to Judith L. Bacchus were tied to adjusted ROIC and adjusted EBITDA margin performance metrics. On July 27, 2026, the committee approved payout multiples of 200.0% for the relevant tranches of her 2023 and 2024 Performance Unit Awards.
When do Judith L. Bacchus’s KMT Performance Unit Awards vest and distribute?
Although the performance stock units were deemed earned, vesting and actual share distribution remain contingent on continued employment. Key dates run through August 15, 2025, August 15, 2026, August 15, 2027 and August 15, 2028 for the respective award tranches.
Are Judith L. Bacchus’s KMT equity awards linked to a Rule 10b5-1 trading plan?
The Form 4 for Kennametal (KMT) lists four acquisition-type equity award entries for Judith L. Bacchus. Its Rule 10b5-1 checkbox is not marked, and the footnotes describe compensation awards rather than trades executed under a pre-arranged trading plan.