Kennametal (KMT) director awarded stock credits tied to board service
Rhea-AI Filing Summary
Kennametal Inc. director Shelley J. Bausch received a stock-based compensation award in the form of 575.257 stock credits on common stock. These credits are valued at $36.94 per share and bring her total stock credit balance to 11,242.331.
The stock credits convert 1-for-1 into common shares and generally become payable in stock upon a change of control of the company or when she ceases to be a director, unless she elects a different timing after retirement. This is a routine, non‑market grant, not an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bausch Shelley J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Credits | 575.257 | $36.94 | $21K |
Holdings After Transaction:
Stock Credits — 11,242.331 shares (Direct)
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. (3) feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 16.170 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
Stock credits granted: 575.257 stock credits
Reference price per credit: $36.94 per share
Total stock credits after grant: 11,242.331 stock credits
+1 more
4 metrics
Stock credits granted
575.257 stock credits
Grant on common stock as of May 26, 2026
Reference price per credit
$36.94 per share
Value used for the stock credits award
Total stock credits after grant
11,242.331 stock credits
Post-transaction balance for Shelley J. Bausch
Conversion ratio
1-for-1 into common stock
Each stock credit converts into one Kennametal share
Key Terms
Stock Credits, change of control, dividend reinvestment, Kennametal Inc. Stock Incentive Plan of 2002
4 terms
Stock Credits financial
"The stock credits become payable in common stock (i) in the event of a change of control"
change of control financial
"become payable in common stock (i) in the event of a change of control of the company"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
dividend reinvestment financial
"stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Kennametal Inc. Stock Incentive Plan of 2002 financial
"feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 16.170 stock credits acquired"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kennametal (KMT) director Shelley J. Bausch report on this Form 4?
Shelley J. Bausch reported receiving 575.257 stock credits as compensation. These credits are tied to Kennametal common stock and increase her total stock credit holdings to 11,242.331, according to the filing’s post-transaction balance disclosure.
Are the Kennametal (KMT) stock credits an open-market purchase or sale?
The stock credits are a grant, not an open-market trade. The transaction is coded as an acquisition award, meaning it is compensation-based and does not represent buying or selling shares in the open market.
When do Shelley J. Bausch’s Kennametal (KMT) stock credits become payable?
The stock credits become payable in common stock upon a change of control of Kennametal or when she stops serving as a director, unless she elects to receive the shares at a different time following retirement.
What is the value reference for the new Kennametal (KMT) stock credits grant?
The 575.257 stock credits are referenced at a price of $36.94 per share. This price indicates the notional value used for the award, rather than a price paid or received in a market transaction.
How many Kennametal (KMT) stock credits does Shelley J. Bausch hold after this transaction?
After the grant, Shelley J. Bausch holds 11,242.331 stock credits. Each credit represents the right to receive one share of Kennametal common stock under the company’s director stock incentive arrangements.
How do dividends affect Shelley J. Bausch’s Kennametal (KMT) stock credits?
Some stock credits are acquired through a dividend reinvestment feature of Kennametal’s Directors Stock Incentive Plan. Dividends on the underlying stock can be reinvested into additional stock credits, increasing the total credited amount over time.