Kennametal VP granted 3,120 RSUs, exercises 3,657
KENNAMETAL INC (KMT) reported insider equity compensation and related share actions by Vice President John Wayne Witt.
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) reported insider equity compensation and related share actions by Vice President John Wayne Witt. On 2026-08-15 he received a grant of 3,120 Restricted Stock Units (RSUs), each convertible 1-for-1 into common stock, subject to time-based vesting over three annual installments. On 2026-08-14, three RSU tranches totaling 3,657 units were exercised and converted into an equal number of common shares at a reference price of $31.22 per share, and 3,574 common shares were delivered or withheld to pay the exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,657 shares exercised/converted
Exercise
6 txns
Insider
Witt John Wayne
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 3,120 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,042 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,116 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 1,499 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,657 | $31.22 | $114K |
| Exercise Price or Tax Liability | Common Stock | 3,574 | $31.22 | $112K |
Holdings After Transaction:
Restricted Stock Units — 7,236 contracts (Direct);
Common Stock — 8,179 shares (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. Restricted stock units are subject to time-based vesting and are disbursed in three equal annual installments commencing on the first anniversary date of the grant date, subject to continued employment with the company
Key Figures
RSUs granted: 3,120 units
RSUs exercised: 3,657 units
Common shares acquired: 3,657 shares
+3 more
6 metrics
RSUs granted
3,120 units
Restricted Stock Units granted on 2026-08-15
RSUs exercised
3,657 units
Three RSU tranches (1,042; 1,116; 1,499) exercised on 2026-08-14
Common shares acquired
3,657 shares
Common stock acquired via RSU conversion on 2026-08-14
Common shares delivered/withheld
3,574 shares
Shares delivered or withheld for exercise price or tax liability on 2026-08-14
Share price
$31.22 per share
Price applied to common stock transactions on 2026-08-14
RSU vesting schedule
3 equal annual installments
RSUs vest annually starting on first anniversary of grant date
Key Terms
Restricted Stock Units, time-based vesting, derivative security, exercise price or tax liability
4 terms
Restricted Stock Units financial
"Restricted stock units are subject to time-based vesting and are disbursed in three"
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.
time-based vesting financial
"Restricted stock units are subject to time-based vesting and are disbursed in three"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What insider transactions did KMT Vice President John Wayne Witt report?
John Wayne Witt reported a grant of 3,120 RSUs on 2026-08-15 and the exercise of 3,657 RSUs into common stock on 2026-08-14, plus a related 3,574-share delivery or withholding for exercise price or tax liability.
What are the terms of the new 3,120 RSUs granted at KMT?
The 3,120 Restricted Stock Units granted convert into common stock on a 1-for-1 basis. They are subject to time-based vesting and disburse in three equal annual installments starting on the first anniversary of the grant, contingent on continued employment.
Were John Wayne Witt’s KMT transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and footnotes do not describe a 10b5-1 arrangement. The transactions are reported as equity grants and RSU conversions with related tax or exercise-price share withholding.
AI-generated analysis. How Rhea-AI works. Not financial advice.
