Kennametal (NYSE: KMT) VP earns 4,266 and 5,596 stock units
Rhea-AI Filing Summary
Hamadi Faisal reported acquisition or exercise transactions in this Form 4 filing.
Kennametal Inc. vice president Faisal Hamadi reported the earning of two tranches of performance stock units tied to adjusted ROIC goals under the 2024 Stock and Incentive Plan. On July 27, 2026 the committee certified 4,266 units from a 2024 award and 5,596 units from a 2025 award at a 200.0 percent payout multiple; vesting and actual share distribution still depend on his continued employment through August 15, 2027 and August 15, 2028, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,862 shares
Net Buy
2 txns
Insider
Hamadi Faisal
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 4,266 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 5,596 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,211 shares (Direct)
Footnotes (2)
- F1. Represents 4,266 performance stock units deemed to have been earned by Compensation and Human Capital Committee, the Committee, on July 27, 2026, with respect to the second tranche of the Performance Unit Award relating to adjusted ROIC granted to the reporting person on August 15, 2024, the 2024 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout at 200.0 percent for such tranche of the 2024 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2027
- F2. Represents 5,596 performance stock units deemed to have been earned by the Committee on July 27, 2026, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2025, the 2025 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout multiple at 200.0 percent for the first tranche of the 2025 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2028
Key Figures
Performance stock units earned (2024 award tranche): 4,266 units
Performance stock units earned (2025 award tranche): 5,596 units
Adjusted ROIC payout multiple: 200.0 percent
+2 more
5 metrics
Performance stock units earned (2024 award tranche)
4,266 units
Second tranche of 2024 Performance Unit Award, deemed earned July 27, 2026
Performance stock units earned (2025 award tranche)
5,596 units
First tranche of 2025 Performance Unit Award, deemed earned July 27, 2026
Adjusted ROIC payout multiple
200.0 percent
Approved by committee for each relevant tranche on July 27, 2026
Vesting date for 2024 award tranche
August 15, 2027
Continued employment required for vesting and distribution of 4,266 units
Vesting date for 2025 award tranche
August 15, 2028
Continued employment required for vesting and distribution of 5,596 units
Key Terms
performance stock units, Performance Unit Award, adjusted ROIC, Stock and Incentive Plan
4 terms
performance stock units financial
"Represents 4,266 performance stock units deemed to have been earned..."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Performance Unit Award financial
"with respect to the second tranche of the Performance Unit Award relating to adjusted ROIC..."
adjusted ROIC financial
"relating to adjusted ROIC granted to the reporting person on August 15, 2024..."
Adjusted ROIC measures how effectively a company turns the money it has invested in its business into profit, but after removing one-time items and accounting tweaks so the result shows the recurring operating performance. Think of it like checking a car’s fuel efficiency after unloading temporary extra weight: it gives investors a clearer view of the business’s true efficiency and helps compare companies or track whether management is improving returns on the capital used to run and grow the business.
Stock and Incentive Plan financial
"under the Kennametal Inc. 2024 Stock and Incentive Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Kennametal (KMT) report for vice president Faisal Hamadi?
Kennametal reported that vice president Faisal Hamadi earned two tranches of performance stock units on July 27, 2026. These units relate to 2024 and 2025 Performance Unit Awards under the 2024 Stock and Incentive Plan and remain subject to future vesting conditions.
How many performance stock units did Faisal Hamadi earn at Kennametal (KMT)?
Faisal Hamadi earned 4,266 performance stock units from a 2024 award tranche and 5,596 units from a 2025 award tranche. Both tranches were certified as earned based on adjusted ROIC performance but will vest only if employment continues through 2027 and 2028.
What performance metric drove the Kennametal (KMT) awards to Faisal Hamadi?
The awards are tied to adjusted ROIC, with the committee approving a 200.0 percent payout multiple for each relevant tranche. This means performance against adjusted ROIC targets caused additional performance stock units to be deemed earned, subject to ongoing service-based vesting.
When do Faisal Hamadi’s Kennametal (KMT) performance stock units vest?
The 4,266 units from the 2024 Performance Unit Award tranche require continued employment through August 15, 2027. The 5,596 units from the 2025 award tranche require continued employment through August 15, 2028 for vesting and actual share distribution.
Are the Kennametal (KMT) transactions for Faisal Hamadi market purchases or compensation grants?
These transactions are compensation-related grants, reported with code “A” as grant or award acquisitions. They represent performance stock units deemed earned under long-term incentive plans, not open-market share purchases or sales, and involve no reported per-share purchase price.