STOCK TITAN
  1. Home
  2. Sec-filings
  3. KMT
  4. [Form 4] KENNAMETAL INC Insider Trading Activity

Kennametal (NYSE: KMT) VP granted two performance stock unit tranches

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bersaglini Clark David reported acquisition or exercise transactions in this Form 4 filing.

Kennametal Inc. vice president Bersaglini Clark David reported two equity awards linked to performance stock units dated July 27, 2026. One award reflects 6,698 units from a 2024 Performance Unit Award and the other 6,846 units from a 2025 Performance Unit Award.

For each tranche, the Compensation and Human Capital Committee approved an adjusted ROIC payout multiple of 200.0 percent. Vesting and actual distribution of the underlying common shares require continued employment through August 15, 2027 and August 15, 2028, respectively.

Positive

  • None.

Negative

  • None.
Insider Bersaglini Clark David
Role Vice President
Type Security Shares Price Value
Grant/Award Common Stock F1 6,698 $0.00 $0.00
Grant/Award Common Stock F2 6,846 $0.00 $0.00
Holdings After Transaction: Common Stock — 19,763 shares (Direct)
Footnotes (2)
  1. F1. Represents 6,698 performance stock units deemed to have been earned by the 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
  2. F2. Represents 6,846 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
Performance units earned (2024 award, second tranche) 6,698 units Deemed earned on July 27, 2026 under the 2024 Performance Unit Award
Performance units earned (2025 award, first tranche) 6,846 units Deemed earned on July 27, 2026 under the 2025 Performance Unit Award
Adjusted ROIC payout multiple 200.0 percent Approved by the Committee for each reported tranche on July 27, 2026
Vesting date for 2024 award tranche August 15, 2027 Continued employment required for vesting and distribution of 6,698 units
Vesting date for 2025 award tranche August 15, 2028 Continued employment required for vesting and distribution of 6,846 units
performance stock units financial
"Represents 6,698 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.
adjusted ROIC financial
"relating to adjusted ROIC granted to the reporting person"
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.
Performance Unit Award financial
"with respect to the second tranche of the Performance Unit Award"
2024 Stock and Incentive Plan financial
"under the Kennametal Inc. 2024 Stock and Incentive Plan"
tranche financial
"with respect to the second tranche of the 2024 Performance Unit Award"
A tranche is one slice of a larger financing or investment that is released, sold, or paid out in separate parts rather than all at once. Investors care because each slice can carry different risk, return and timing—like buying pieces of a cake where some slices are richer or come later—so the specific tranche you hold affects when you get paid and how much you might gain or lose.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What equity awards were reported for Kennametal (KMT) executive Bersaglini Clark David?
Kennametal reported that vice president Bersaglini Clark David earned 6,698 and 6,846 performance stock units on July 27, 2026. These relate to 2024 and 2025 Performance Unit Awards and are subject to future vesting and share distribution conditions.

How many performance stock units did Kennametal (KMT) attribute to the 2024 Performance Unit Award?
The Committee deemed 6,698 performance stock units earned for the second tranche of the 2024 Performance Unit Award. The units are tied to adjusted ROIC performance and will vest, with shares distributed, only if employment continues through August 15, 2027.

What did Kennametal (KMT) disclose about the 2025 Performance Unit Award tranche?
Kennametal disclosed that 6,846 performance stock units were deemed earned for the first tranche of the 2025 Performance Unit Award. These units depend on a 200.0% adjusted ROIC payout and continued employment through August 15, 2028 before vesting and share delivery.

What performance metric and payout multiple apply to Kennametal (KMT) performance units?
Both tranches use adjusted ROIC as the performance metric, with a Committee-approved payout multiple of 200.0 percent. This multiple determines the number of performance stock units earned before vesting and employment conditions are applied.

What vesting conditions apply to the Kennametal (KMT) performance stock units for Bersaglini Clark David?
For the 2024 award tranche, units vest and distribute only if employment continues through August 15, 2027. For the 2025 award tranche, vesting and distribution require continued employment through August 15, 2028, in addition to the performance already certified.

Were the reported Kennametal (KMT) Form 4 transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked as applicable. The awards are described as performance stock units under the 2024 Stock and Incentive Plan, not as trades executed pursuant to a trading plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bersaglini Clark David
(Last)(First)(Middle)
525 WILLIAM PENN PLACE
33RD FLOOR
(Street)
PITTSBURGH PENNSYLVANIA 15219
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
KENNAMETAL INC [ KMT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/27/2026A6,698(1)A$012,917D
Common Stock07/27/2026A6,846(2)A$019,763D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents 6,698 performance stock units deemed to have been earned by the 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
2. Represents 6,846 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
Michelle R. Keating, as attorney-in-fact for C. David Bersaglini07/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR