Kennametal (NYSE: KMT) director gets 4,965 RSUs, unlocks 6,092 shares
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) director Joseph Alvarado reported equity compensation and related share activity. He received a grant of 4,965 Restricted Stock Units, each convertible into one share of common stock, subject to time-based vesting in three equal installments beginning on the first anniversary of the grant. On the same report, previously granted RSUs covering 6,092 shares were exercised and converted into common stock at a stated value of $31.22 per share, with 186 shares delivered or withheld to satisfy the exercise price or tax liability. Since his last Form 4, his holdings also include 746.703 shares acquired through Kennametal’s dividend reinvestment plan under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,906 shares
Net Buy
6 txns
Insider
ALVARADO JOSEPH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3 | 4,965 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F3 | 1,860 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F3 | 1,933 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F3 | 2,299 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 6,092 | $31.22 | $190K |
| Exercise Price or Tax Liability | Common Stock F1 | 186 | $31.22 | $6K |
Holdings After Transaction:
Restricted Stock Units — 11,498 shares (Direct);
Common Stock — 36,256.843 shares (Direct)
Footnotes (3)
- F1. Includes 746.703 shares acquired through Kennametal Inc.'s dividend reinvestment plan, meeting the requirements of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended, since the reporting person's last Form 4 filing
- F2. 1 for 1
- F3. 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
Key Figures
RSUs granted: 4,965 units
RSUs exercised (1st block): 1,860 units
RSUs exercised (2nd block): 1,933 units
+5 more
8 metrics
RSUs granted
4,965 units
Restricted Stock Units granted to director; 1-for-1 into common stock
RSUs exercised (1st block)
1,860 units
Restricted Stock Units exercised or converted into common stock
RSUs exercised (2nd block)
1,933 units
Restricted Stock Units exercised or converted into common stock
RSUs exercised (3rd block)
2,299 units
Restricted Stock Units exercised or converted into common stock
Common shares from RSU exercises
6,092 shares
Common stock acquired upon derivative exercise at $31.22 per share
Shares withheld for exercise price or taxes
186 shares
Common stock delivered or withheld under code F at $31.22 per share
Per-share value in common stock transactions
$31.22 per share
Price used for common stock entries related to RSU exercises
Dividend reinvestment plan shares
746.703 shares
Shares acquired through Kennametal’s dividend reinvestment plan since last Form 4
Key Terms
Restricted Stock Units, dividend reinvestment plan, Rule 16a-11, time-based vesting, +1 more
5 terms
Restricted Stock Units financial
"The filing reports a grant of Restricted Stock Units subject to time-based vesting"
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.
dividend reinvestment plan financial
"Includes 746.703 shares acquired through Kennametal Inc.'s dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16a-11 regulatory
"dividend reinvestment plan, meeting the requirements of Rule 16a-11 of the Securities"
time-based vesting financial
"Restricted stock units are subject to time-based vesting and are disbursed"
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.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transactions did KMT director Joseph Alvarado report on this Form 4?
Joseph Alvarado reported a grant of 4,965 Restricted Stock Units and the exercise of RSUs into 6,092 common shares, plus a related 186-share delivery or withholding to cover exercise price or tax liability.
How many Restricted Stock Units were granted to Joseph Alvarado at Kennametal (KMT)?
He was granted 4,965 Restricted Stock Units, each representing one share of Kennametal common stock. These units vest in three equal installments, starting on the first anniversary of the grant date, subject to time-based vesting conditions.
What RSU exercises did KMT’s Joseph Alvarado report and at what value?
Previously awarded RSUs covering 6,092 shares of Kennametal common stock were exercised or converted. The corresponding common stock transactions were reported at $31.22 per share, reflecting the value used in the related non-derivative entries.
AI-generated analysis. How Rhea-AI works. Not financial advice.
