Kennametal director granted 982 stock credits
KENNAMETAL INC (KMT) director Douglas T. Dietrich reported an acquisition of 982.234 stock credits on 2026-08-25, treated as a derivative grant.
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Rhea-AI Filing Summary
KENNAMETAL INC (KMT) director Douglas T. Dietrich reported an acquisition of 982.234 stock credits on 2026-08-25, treated as a derivative grant. Each stock credit is convertible into 1 share of common stock and is valued at $29.27 per credit.
The stock credits become payable in common stock upon a change of control of the company or when Dietrich ceases to be a director (retirement), unless he elects to receive the shares later. Following this grant, he holds 17,084.5363 stock credits directly, which include amounts accumulated through dividend reinvestment features under Kennametal stock incentive plans.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Credits F1, F2, F3 | 982.234 | $29.27 | $29K |
Footnotes (3)
- F1. 1 for 1
- F2. The stock credits become payable in common stock (i) in the event of a change of control of the company or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement
- F3. Includes 82.350 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 33.595 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended
Key Figures
Key Terms
Stock Credits financial
dividend reinvestment financial
change of control financial
Rule 16a-11 regulatory
Directors Stock Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did KMT director Douglas T. Dietrich report on this Form 4?
How many KMT stock credits does Douglas T. Dietrich hold after this transaction?
What are the conversion terms of the stock credits reported by KMT’s director?
At what value were the newly granted KMT stock credits recorded?
Do dividend reinvestment features affect Douglas T. Dietrich’s KMT stock credits?
AI-generated analysis. How Rhea-AI works. Not financial advice.