KMT director Dietrich reports new stock credit grant and totals
Rhea-AI Filing Summary
Kennametal Inc. (KMT) director Douglas T. Dietrich reported acquiring 893.068 stock credits linked to Kennametal common stock at $27.12 per credit on 11/24/2025. After this transaction, he beneficially owned 9,657.792 derivative securities in the form of stock credits, held directly.
Each stock credit is described as exchangeable on a 1-for-1 basis into Kennametal common shares. The stock credits become payable in common stock if there is a change of control of the company or when Dietrich ceases to be a director (other than by death), unless he has elected a different timing. His holdings include 51.345 stock credits from dividend reinvestments under the Kennametal Inc. Stock Incentive Plan of 2002 and 19.357 stock credits from dividend reinvestments under the Kennametal Inc. Directors Stock Incentive Plan.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Credits | 893.068 | $27.12 | $24K |
Footnotes (1)
- 1 for 1 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. Includes 51.345 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 19.357 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.