Kennametal (KMT) Director Stock Credits: 6,898 Shares Convert Jan 1, 2028

Rhea-AI Filing Summary

Kennametal Inc. (KMT) director Shelley J. Bausch received 6,898 shares via stock credits on 08/15/2025, reported on Form 4 filed 08/18/2025. The transaction is non-derivative: 6,898 common shares were acquired at a reported price of $0, and the filing states the stock credits become payable in common stock on January 1, 2028. The Form 4 identifies Ms. Bausch as a director and the report was submitted by an attorney-in-fact. No other securities, dispositions, or cash purchases are disclosed in this filing.

Positive

• Director received 6,898 common shares via stock credits, disclosed transparently on Form 4
• Stock credits are scheduled to convert to common stock on January 1, 2028, clarifying settlement timing

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received 6,898 common shares via stock credits, a routine non-cash compensation event with limited immediate market impact.

The filing documents a non-derivative acquisition of 6,898 common shares by director Shelley J. Bausch on 08/15/2025, reported 08/18/2025. The reported price is $0, consistent with stock credits or deferred equity rather than a market purchase. The credits are noted to convert to common stock on January 1, 2028, indicating a deferred settlement schedule. For investors, this is a governance/compensation disclosure rather than an indicator of corporate event or change in control.

Corporate Governance Expert

TL;DR: This is a routine director equity award recorded as stock credits, disclosed per Section 16 rules; not a material corporate change.

The Form 4 lists Shelley J. Bausch as a director and reports the conversion mechanism for stock credits into common shares by 01/01/2028. The report was filed by an attorney-in-fact, signed 08/18/2025. There is no indication of option grants, sales, or other unusual arrangements in this document. The disclosure fulfills regulatory transparency requirements for insider holdings and deferred compensation.

SEC Form 4

FORM 4

UNITED 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
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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^*

Bausch Shelley J

(Last) (First) (Middle)

233 S. WACKER DR.

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KENNAMETAL INC [ KMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Credits	(1)	08/15/2025		A		6,898		(2)	(2)	Common Stock	6,898	$0	6,898	D

Explanation of Responses:

1. 1 for 1

2. The stock credits become payable in common stock on January 1, 2028

	Michelle R. Keating, as attorney-in-fact for Shelley J. Bausch	08/18/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did Shelley J. Bausch report for KMT?

The Form 4 reports a non-derivative acquisition of 6,898 common shares (stock credits) dated 08/15/2025 and filed 08/18/2025.

Was cash paid for the shares reported on this Form 4 (KMT)?

No cash price is reported; the filing shows a price of $0, indicating the shares were issued as stock credits rather than a purchase.

When will the reported stock credits for KMT convert to common stock?

The filing states the stock credits become payable in common stock on January 1, 2028.

What is Shelley J. Bausch's relationship to Kennametal (KMT)?

The Form 4 identifies Shelley J. Bausch as a director of Kennametal Inc.

Who signed and filed the Form 4 on behalf of Shelley J. Bausch?

The Form 4 was filed and signed by Michelle R. Keating, as attorney-in-fact for Shelley J. Bausch on 08/18/2025.