STOCK TITAN

Kennametal (NYSE: KMT) director receives additional deferred stock credits

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kennametal Inc. director Douglas T. Dietrich reported an acquisition of stock credits under a company plan. He was granted 642.145 stock credits at a reference price of $40.10 per credit, increasing his directly held stock credits to 10,603.483.

The stock credits are payable in an equal number of common shares either upon a change of control of Kennametal or when he ceases to be a director, subject to his payout election. His balance includes 34.981 stock credits and 17.642 stock credits accumulated through dividend reinvestment features of Kennametal stock incentive plans.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DIETRICH DOUGLAS T

(Last) (First) (Middle)
622 THIRD AVENUE

(Street)
NEW YORK X1 10017

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KENNAMETAL INC [ KMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Credits (1) 02/24/2026 A 642.145 (2) (2) Common Stock 642.145 $40.1 10,603.483(3) D
Explanation of Responses:
1. 1 for 1
2. 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.
3. Includes 34.981 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 17.642 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
Michelle R. Keating, as attorney-in-fact for Douglas T. Dietrich 02/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kennametal (KMT) director Douglas T. Dietrich report on this Form 4?

Kennametal director Douglas T. Dietrich reported receiving 642.145 stock credits as a grant. These credits are part of a company stock incentive plan and increased his directly held stock credits to 10,603.483, reflecting deferred equity-based compensation rather than an open-market stock purchase.

How many stock credits does Douglas Dietrich hold after the latest Kennametal (KMT) grant?

After the latest grant, Douglas Dietrich directly holds 10,603.483 stock credits. This total includes the new 642.145 stock credits and additional amounts accumulated through dividend reinvestment features of Kennametal’s stock incentive plans for directors and participants under earlier programs.

At what reference price were the new Kennametal (KMT) stock credits granted to Douglas Dietrich?

The newly awarded 642.145 stock credits were valued using a reference price of $40.10 per credit. This price is used for reporting the grant’s value and does not indicate an open-market purchase or sale of Kennametal common shares by the director.

When do Douglas Dietrich’s Kennametal (KMT) stock credits become payable in common stock?

The stock credits become payable in Kennametal common stock upon a change of control or when Douglas Dietrich stops serving as a director, other than by death. He may also elect to receive the common shares represented by the stock credits following his retirement from the board.

What role do dividend reinvestment features play in Douglas Dietrich’s Kennametal (KMT) stock credits?

Dietrich’s holdings include 34.981 stock credits and 17.642 stock credits gained through dividend reinvestment features of Kennametal stock incentive plans. Instead of receiving cash dividends, these features credit additional stock units, compounding the value of his deferred equity-based compensation over time.
Kennametal

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75.50M
Tools & Accessories
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