Kennametal insider Paul Sternlieb increases holdings; RSUs disclosed

Rhea-AI Filing Summary

Kennametal director Paul Sternlieb reported insider transactions on Form 4 showing purchases, dispositions and restricted stock unit activity. On 08/15/2025 Mr. Sternlieb acquired 3,793 shares of Kennametal common stock at $21.02 per share and disposed of 116 shares at $21.02, leaving him with 7,310 shares beneficially owned after the transactions. The filing also reports restricted stock unit activity: two awards of 1,860 and 1,933 RSUs recorded as acquisitions (total 3,793 underlying shares) and an additional grant or vesting of 6,898 RSUs, with a note that RSUs vest in three equal installments beginning one year after grant. The Form 4 was signed by an attorney-in-fact on 08/18/2025.

Positive

• Director purchase of 3,793 shares at $21.02, representing a direct increase in insider holdings
• Restricted stock units granted/recorded (1,860; 1,933; 6,898) with clear time-based vesting, aligning director compensation with long-term ownership

Negative

• Small disposition of 116 shares at $21.02 reported on the same date
• RSUs will dilute future share count when vested, though timing and ultimate economic impact depend on vesting schedule

Insights

Securities Analyst

TL;DR: Director-level purchase of 3,793 shares at $21.02 and RSU awards increased insider stake modestly; transactions appear routine.

The reported purchase and simultaneous small disposition are specific, non-speculative facts indicating a net increase in direct holdings to 7,310 shares. Multiple restricted stock unit entries totaling 10,791 RSUs (per line items: 1,860; 1,933; 6,898) are reported with time-based vesting in three equal installments starting one year after grant, which affects future dilution timing and potential share issuance when vested. No material change to control is indicated.

Corporate Governance Specialist

TL;DR: Disclosure documents standard director compensation and trading activity; governance impact is limited and routine.

The Form 4 documents common director compensation (RSUs) and an open market purchase on 08/15/2025. The RSU vesting schedule is explicitly time-based and the filing was executed by an attorney-in-fact. There are no disclosures of derivative exercises with economic leverage or of transactions suggesting a change in board composition or control. This filing appears to be a routine insider report for compliance.

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
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^*

Sternlieb Paul

(Last) (First) (Middle)

648 N. PLANKINTON AVE.

4TH FLOOR

(Street)

MILWAUKEE WI 53203

(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
Common Stock	08/15/2025		M		3,793	A	$21.02	7,310	D
Common Stock	08/15/2025		F		116	D	$21.02	7,194	D

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
Restricted Stock Units	(1)	08/15/2025		M			1,860	(2)	(2)	Common Stock	1,860	$0	0	D
Restricted Stock Units	(1)	08/15/2025		M			1,933	(2)	(2)	Common Stock	1,933	$0	3,867	D
Restricted Stock Units	(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. Restricted stock units are subject to time-based vesting and are disbursed in three equal installments commencing on the first anniversary date of the grant

	Michelle R. Keating, as attorney-in-fact for Paul Sternlieb	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 insider transactions did Paul Sternlieb (KMT) report on Form 4?

He reported acquiring 3,793 shares at $21.02 and disposing of 116 shares on 08/15/2025, plus RSU activity.

How many shares does Paul Sternlieb beneficially own after these transactions?

The Form 4 shows 7,310 shares beneficially owned following the reported transactions.

What restricted stock unit (RSU) activity is disclosed in the filing?

The filing lists RSU entries of 1,860, 1,933, and 6,898 RSUs; the RSUs are time-based and vest in three equal installments beginning one year after grant.

When were the transactions and when was the Form 4 signed?

Transactions occurred on 08/15/2025 and the Form 4 was signed by an attorney-in-fact on 08/18/2025.

Do these filings indicate a change in control or material governance event at Kennametal (KMT)?

No. The Form 4 discloses routine director trading and compensation; it does not show any change in control or board composition.