Kennametal (NYSE: KMT) director awarded 811 stock credits
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) director Shelley J. Bausch reported an acquisition of 811.411 stock credits linked to common stock on 2026-08-25 as a grant/award. The stock credits are convertible into common stock on a 1-for-1 basis and generally become payable in common stock upon a change of control or when Bausch ceases to be a director, subject to her payout election. Following this award and dividend reinvestment accruals, her directly held stock credits tied to Kennametal common stock total 16,897.263.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bausch Shelley J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Credits F1, F2, F3 | 811.411 | $29.27 | $24K |
Holdings After Transaction:
Stock Credits — 16,897.263 shares (Direct)
Footnotes (3)
- F1. 1 for 1
- F2. The stock credits become payable in common stock (i) in the event of a change of control of the company or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement
- F3. Includes 90.226 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 24.449 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended
Key Figures
Stock credits granted: 811.411 stock credits
Per-credit value: $29.27 per stock credit
Total stock credits after transaction: 16,897.263 stock credits
+3 more
6 metrics
Stock credits granted
811.411 stock credits
Grant/award on 2026-08-25 to director Shelley J. Bausch
Per-credit value
$29.27 per stock credit
Reported transaction value for the 811.411 stock credits
Total stock credits after transaction
16,897.263 stock credits
Direct holdings of stock credits following the reported grant
Dividend reinvestment credits (Stock Incentive Plan of 2002)
90.226 stock credits
Acquired through dividend reinvestment feature of Kennametal Inc. Stock Incentive Plan of 2002
Dividend reinvestment credits (Directors Plan)
24.449 stock credits
Acquired through dividend reinvestment feature of Kennametal Inc. Directors Stock Incentive Plan, as amended
Conversion ratio
1-for-1
Each stock credit payable in one share of common stock
Key Terms
Stock Credits, dividend reinvestment feature, Kennametal Inc. Stock Incentive Plan of 2002, Directors Stock Incentive Plan, +1 more
5 terms
Stock Credits financial
"The stock credits become payable in common stock (i) in the event"
dividend reinvestment feature financial
"Includes 90.226 stock credits acquired pursuant to a dividend reinvestment feature"
Kennametal Inc. Stock Incentive Plan of 2002 financial
"pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002"
Directors Stock Incentive Plan financial
"dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended"
change of control regulatory
"become payable in common stock (i) in the event of a change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
What insider transaction did KMT director Shelley J. Bausch report?
Shelley J. Bausch reported a grant of 811.411 stock credits linked to Kennametal common stock on 2026-08-25. The filing classifies this as a grant, award, or other acquisition of derivative securities tied to the company’s common shares.
How many Kennametal (KMT) stock credits does Shelley J. Bausch hold after this award?
After the reported transaction, Shelley J. Bausch holds 16,897.263 stock credits directly. This total includes stock credits earned via dividend reinvestment features of Kennametal’s stock incentive plans, as described in the filing footnotes.
What is the conversion ratio of the reported Kennametal (KMT) stock credits?
The footnotes state a 1-for-1 conversion ratio, meaning each stock credit is payable in one share of Kennametal common stock when distribution conditions are met.
When do Shelley J. Bausch’s Kennametal (KMT) stock credits become payable?
The stock credits become payable in common stock upon a change of control of Kennametal or on the date she ceases to be a director (retirement), unless she has elected to receive the common stock represented by the stock credits following retirement.
What price per stock credit is shown in Shelley J. Bausch’s Kennametal (KMT) Form 4?
The transaction shows a value of $29.27 per stock credit. The filing characterizes the transaction as a grant or award of derivative securities rather than an open-market purchase at that price.
How many Kennametal (KMT) stock credits in Bausch’s holdings came from dividend reinvestment?
Her total includes 90.226 stock credits from a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 24.449 stock credits from a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended.
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