Kennametal (NYSE: KMT) director exercises RSUs, withholds shares for taxes
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) director Paul Sternlieb reported equity compensation and related share movements. On 2026-08-15 he received 4,965 Restricted Stock Units, each convertible 1-for-1 into common stock, subject to time-based vesting in three equal installments beginning on the first anniversary of the grant. On 2026-08-14 he exercised 2,299 RSUs into 2,299 shares of common stock at $31.22 per share, and 186 shares of common stock were delivered or withheld for payment of exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,113 shares
Net Buy
4 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, F2 | 2,299 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,299 | $31.22 | $72K |
| Exercise Price or Tax Liability | Common Stock | 186 | $31.22 | $6K |
Holdings After Transaction:
Restricted Stock Units — 9,564 shares (Direct);
Common Stock — 10,165 shares (Direct)
Footnotes (2)
- 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.
Key Figures
RSUs granted: 4,965 units
RSUs exercised: 2,299 units
Exercise-related share price: $31.22 per share
+2 more
5 metrics
RSUs granted
4,965 units
Restricted Stock Units granted to Paul Sternlieb on 2026-08-15
RSUs exercised
2,299 units
Restricted Stock Units exercised into common stock on 2026-08-14
Exercise-related share price
$31.22 per share
Value reported for common stock received/disposed on 2026-08-14
Shares delivered/withheld
186 shares
Common shares delivered or withheld for exercise price or tax liability on 2026-08-14
Vesting installments
3 equal installments
RSUs vest in three equal installments starting on first anniversary of grant
Key Terms
Restricted Stock Units, time-based vesting, exercise or conversion of derivative security, Payment of exercise price or tax liability
4 terms
Restricted Stock Units financial
"He received 4,965 Restricted Stock Units, each convertible 1-for-1 into common"
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 and are disbursed"
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.
exercise or conversion of derivative security financial
"transaction code M indicates an exercise or conversion of derivative security"
Payment of exercise price or tax liability financial
"transaction code F denotes Payment of exercise price or tax liability"
FAQ
What insider transactions did KMT director Paul Sternlieb report on this Form 4?
Paul Sternlieb reported a grant of 4,965 Restricted Stock Units on 2026-08-15 and an exercise of 2,299 RSUs into 2,299 common shares on 2026-08-14, plus 186 shares delivered or withheld for exercise price or tax liability.
How many Restricted Stock Units were granted to Paul Sternlieb at Kennametal (KMT)?
Paul Sternlieb was granted 4,965 Restricted Stock Units on 2026-08-15. Each RSU is convertible on a 1-for-1 basis into Kennametal common stock, subject to time-based vesting in three equal installments starting on the first anniversary of the grant date.
What RSU vesting schedule applies to Paul Sternlieb’s KMT award?
The 4,965 RSUs granted to Paul Sternlieb are subject to time-based vesting. They vest and are disbursed in three equal installments, with installments commencing on the first anniversary of the grant date and continuing annually thereafter according to the disclosed schedule.
What RSU exercise did Paul Sternlieb report for Kennametal (KMT) common stock?
On 2026-08-14, Paul Sternlieb exercised 2,299 Restricted Stock Units, receiving 2,299 shares of Kennametal common stock at a reported value of $31.22 per share. This transaction is classified as an exercise or conversion of a derivative security.
Are Paul Sternlieb’s RSUs at Kennametal (KMT) settled in common stock?
Yes. The filing states a 1-for-1 relationship between the Restricted Stock Units and the underlying common stock. This means each vested RSU is disbursed as one share of Kennametal common stock, subject to the specified time-based vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
