Kennametal director granted 4,965 RSUs, exercises 6k
KENNAMETAL INC (KMT) director Joseph Alvarado reported equity compensation and related share activity.
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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.
Insider Trade Summary
| 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 |
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
Key Terms
Restricted Stock Units financial
dividend reinvestment plan financial
Rule 16a-11 regulatory
time-based vesting financial
exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KMT director Joseph Alvarado report on this Form 4?
How many Restricted Stock Units were granted to Joseph Alvarado at Kennametal (KMT)?
What RSU exercises did KMT’s Joseph Alvarado report and at what value?
AI-generated analysis. How Rhea-AI works. Not financial advice.