Kennametal VP granted 13,266 RSUs, exercises
KENNAMETAL INC (KMT) reported insider equity activity by Vice President Patrick S. Watson.
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) reported insider equity activity by Vice President Patrick S. Watson. On August 15, 2026, he received a grant of 13,266 Restricted Stock Units, each convertible 1-for-1 into common stock, subject to time-based vesting in three equal annual installments starting on the first anniversary of the grant, contingent on continued employment. On August 14, 2026, 6,345 RSUs were exercised into 6,345 shares of common stock at a value of $31.22 per share, and 9,454 shares of common stock were delivered or withheld at $31.22 per share for payment of exercise price or tax liability. A related footnote also states that holdings include 378.78 shares of common stock in the Kennametal Inc. 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,345 shares exercised/converted
Exercise
4 txns
Insider
Watson Patrick S
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3 | 13,266 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F3 | 6,345 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 6,345 | $31.22 | $198K |
| Exercise Price or Tax Liability | Common Stock F1 | 9,454 | $31.22 | $295K |
Holdings After Transaction:
Restricted Stock Units — 25,958 contracts (Direct);
Common Stock — 82,005.78 shares (Direct)
Footnotes (3)
- F1. Includes 378.78 shares of common stock held in the Kennametal Inc. 401(k) Plan
- F2. 1 for 1
- F3. 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
RSU grant: 13,266 units
RSU exercise: 6,345 shares
Exercise/share price reference: $31.22 per share
+3 more
6 metrics
RSU grant
13,266 units
Restricted Stock Units granted to Vice President on August 15, 2026
RSU exercise
6,345 shares
RSUs converted into common stock on August 14, 2026
Exercise/share price reference
$31.22 per share
Value used for RSU exercise and related share delivery/withholding on August 14, 2026
Shares delivered/withheld for exercise price or tax
9,454 shares
Common stock delivered or withheld to pay exercise price or tax liability
401(k) holdings
378.78 shares
Common stock held in the Kennametal Inc. 401(k) Plan
RSU vesting schedule
3 annual installments
Time-based RSU vesting beginning on first anniversary of grant
Key Terms
Restricted Stock Units, time-based vesting, 401(k) Plan, exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"On August 15, 2026, he received a grant of 13,266 Restricted Stock Units"
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"
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.
401(k) Plan financial
"Includes 378.78 shares of common stock held in the Kennametal Inc. 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
FAQ
What insider transactions did KMT Vice President Patrick S. Watson report?
Patrick S. Watson reported a 13,266 RSU grant on August 15, 2026, and on August 14, 2026 exercised 6,345 RSUs into common stock with 9,454 shares delivered or withheld to cover exercise price or tax liability.
How many Restricted Stock Units were granted to the KMT executive in this Form 4?
The KMT Vice President received a grant of 13,266 Restricted Stock Units. These RSUs convert to common stock on a 1-for-1 basis and are subject to time-based vesting over three years, starting on the first anniversary of the grant date.
What are the vesting terms of the new RSU grant reported by KMT?
The 13,266 RSUs vest based on time, in three equal annual installments. Vesting begins on the first anniversary of the grant date and is conditioned on the executive’s continued employment with Kennametal Inc.
What exercise activity did the KMT executive report on August 14, 2026?
On August 14, 2026, the executive exercised 6,345 RSUs into 6,345 common shares at $31.22 per share and had 9,454 shares of common stock delivered or withheld to pay the exercise price or associated tax obligations.
Was a Rule 10b5-1 trading plan involved in these KMT insider transactions?
The filing indicates the Rule 10b5-1 checkbox is not marked as applicable. There is no footnote stating that these insider transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
