RSU vesting gives Kennametal Inc. (NYSE: KMT) VP 9,917 new shares
Rhea-AI Filing Summary
Kennametal Inc. vice president Faisal Hamadi reported the conversion of 9,917 restricted stock units into an equal number of common shares on July 31, 2026. The units carried a 1-for-1 conversion ratio and were subject to time-based vesting in three equal annual installments. Of the 9,917 common shares issued at $33.97 per share, 4,596 shares were withheld to pay the exercise price or related tax liability rather than being sold in the open market.
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Insider Trade Summary
Net Buyer: 5,321 shares
Net Buy
3 txns
Insider
Hamadi Faisal
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 9,917 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,917 | $33.97 | $337K |
| Exercise Price or Tax Liability | Common Stock | 4,596 | $33.97 | $156K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 19,532 shares (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. Restricted stock units are subject to time-based vesting and are disbursed in three equal annual installments commencing on the first anniversary date of the grant date, subject to continued employment with the company
Key Figures
RSUs converted: 9,917 units
Common shares acquired: 9,917 shares
Shares withheld for tax/exercise: 4,596 shares
+3 more
6 metrics
RSUs converted
9,917 units
Restricted Stock Units converted into common stock on July 31, 2026
Common shares acquired
9,917 shares
Common stock issued upon RSU conversion at $33.97 per share
Shares withheld for tax/exercise
4,596 shares
Shares disposed of to pay exercise price or tax liability
Share price for transactions
$33.97 per share
Valuation applied to common stock issued and withheld
RSU conversion ratio
1 for 1
Each restricted stock unit converts into one share of common stock
Installment vesting schedule
Three equal annual installments
RSUs disbursed annually starting on first anniversary of grant date
Key Terms
Restricted Stock Units, time-based vesting, exercise or conversion of derivative security, tax liability
4 terms
Restricted Stock Units financial
"Security title listed as Restricted Stock Units for a derivative transaction"
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 description states Exercise or conversion of derivative security"
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kennametal (KMT) vice president Faisal Hamadi report?
Faisal Hamadi reported the conversion of 9,917 restricted stock units into common stock on July 31, 2026. The conversion created 9,917 common shares valued at $33.97 per share, with part of the issuance withheld to cover exercise price or tax obligations.
How many restricted stock units did Faisal Hamadi convert in the latest Kennametal (KMT) Form 4?
The Form 4 shows Hamadi converted 9,917 restricted stock units into common stock. Each unit converted on a 1-for-1 basis into a share of Kennametal common stock, reflecting settlement of previously granted, time-based equity awards.
Were the Kennametal (KMT) insider transactions by Faisal Hamadi open-market sales?
No open-market sales are indicated; the Form 4 reflects RSU conversion and share withholding. Shares were issued from restricted stock units and 4,596 shares were used to satisfy exercise price or tax obligations under transaction code F.
What are the vesting terms of the restricted stock units reported for Kennametal (KMT)?
The restricted stock units are subject to time-based vesting and are disbursed in three equal annual installments, starting on the first anniversary of the grant date. Settlement is conditioned on the executive’s continued employment with Kennametal.