Kennametal (NYSE: KMT) VP exercises 3,996 RSUs at $31.22
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) reported insider equity transactions by Vice President Michelle R. Keating. On 2026-08-15, she received a grant of 8,354 Restricted Stock Units convertible into an equal number of common shares on a 1 for 1 basis, vesting in three equal annual installments beginning one year after the grant, subject to continued employment. On 2026-08-14, 3,996 RSUs were exercised into 3,996 common shares, and 7,774 common shares were delivered or withheld at $31.22 per share for payment of exercise price or tax liability. A related footnote states that her common stock holdings include 78.85 shares in the Kennametal Inc. 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,778 shares
Net Sell
4 txns
Insider
Keating Michelle R
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3 | 8,354 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2 | 3,996 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,996 | $31.22 | $125K |
| Exercise Price or Tax Liability | Common Stock | 7,774 | $31.22 | $243K |
Holdings After Transaction:
Restricted Stock Units — 13,906 shares (Direct);
Common Stock — 45,272.3 shares (Direct)
Footnotes (3)
- F1. Includes 78.85 shares of common stock held in the Kennametal Inc. 401(k) Plan
- F2. 1 for 1
- F3. (3) three equal annual installments commencing on the first anniversary date of the grant date, subject to continued employment with the company
Key Figures
RSU grant: 8,354 units
RSUs exercised: 3,996 units
Common shares acquired via exercise: 3,996 shares
+3 more
6 metrics
RSU grant
8,354 units
Restricted Stock Units granted on 2026-08-15, 1-for-1 into common stock
RSUs exercised
3,996 units
RSUs converted into common stock on 2026-08-14
Common shares acquired via exercise
3,996 shares
Common stock received from RSU conversion on 2026-08-14
Shares delivered/withheld for exercise price or taxes
7,774 shares
Code F transaction on 2026-08-14 at $31.22 per share
Per-share value used
$31.22 per share
Applied to common stock transactions on 2026-08-14
401(k) Plan holdings
78.85 shares
Common stock held in Kennametal Inc. 401(k) Plan
Key Terms
Restricted Stock Units, exercise or conversion of derivative security, exercise price or tax liability, 401(k) Plan, +1 more
5 terms
Restricted Stock Units financial
"she received a grant of 8,354 Restricted Stock Units convertible into an equal number"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
401(k) Plan financial
"shares of common stock held in the Kennametal Inc. 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Beneficial ownership financial
"shares of common stock held in the Kennametal Inc. 401(k) Plan"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What equity award did KMT grant to Michelle R. Keating?
Kennametal granted Michelle R. Keating 8,354 Restricted Stock Units on 2026-08-15. Each RSU is convertible into one share of common stock and vests in three equal annual installments starting on the first anniversary of the grant, subject to continued employment.
How many KMT RSUs did Michelle R. Keating exercise in this Form 4?
Michelle R. Keating exercised 3,996 Restricted Stock Units on 2026-08-14. These RSUs converted into 3,996 shares of Kennametal common stock, reflecting an exercise or conversion of previously awarded derivative securities into non-derivative stock.
What does the Form 4 say about Michelle R. Keating’s KMT 401(k) holdings?
A footnote states Michelle R. Keating’s reported common stock holdings include 78.85 shares held in the Kennametal Inc. 401(k) Plan. This clarifies that a portion of her beneficial ownership is through the company’s retirement savings plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
