Kennametal director buys 5,000 shares at $30.21
A Kennametal director reported an open-market purchase of 5,000 KMT shares, bringing his directly held position to 5,000 shares.
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) director Richard J. Harshman reported buying common stock in an open-market or private transaction. On September 4, 2026, he purchased 5,000 shares of Kennametal common stock at $30.21 per share, resulting in direct ownership of 5,000 shares after the transaction. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
HARSHMAN RICHARD J
Role
Director
Bought
5,000 shs ($151K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $30.21 | $151K |
Holdings After Transaction:
Common Stock — 5,000 shares (Direct)
Key Figures
Shares purchased: 5,000 shares
Purchase price per share: $30.21 per share
Shares owned after transaction: 5,000 shares
3 metrics
Shares purchased
5,000 shares
Common stock bought on September 4, 2026
Purchase price per share
$30.21 per share
Price for the 5,000-share purchase on September 4, 2026
Shares owned after transaction
5,000 shares
Direct ownership by Richard J. Harshman following the purchase
Key Terms
Form 4, open-market or private transaction, Rule 10b5-1
3 terms
Form 4 regulatory
"reported buying 5,000 shares of KMT common stock on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market or private transaction financial
"purchase in an open-market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KMT report for Richard J. Harshman?
Kennametal director Richard J. Harshman reported buying 5,000 shares of KMT common stock on September 4, 2026 in an open-market or private transaction.
Was the KMT insider trade made under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not checked, so no Rule 10b5-1 trading plan is reported for this transaction.
Is this KMT insider transaction a purchase or a sale?
The Form 4 reports a purchase transaction: 5,000 shares of Kennametal common stock were acquired, classified as an open-market or private transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.