KMT Insider Activity: Purchase, Sale, and RSU Grants Reported on Form 4

Rhea-AI Filing Summary

Kennametal Inc. (KMT) Form 4 filed for reporting person Judith L. Bacchus. The filing shows an open-market purchase of 8,165 shares at $21.02 per share and a sale of 5,382 shares at $21.02 on 08/15/2025, leaving 52,973.38 shares reported beneficially owned after the transactions.

The filing also reports multiple restricted stock unit (RSU) transactions on 08/15/2025: grants/awards totaling 18,769 RSUs across separate entries, with 10,604 RSUs acquired under a different transaction code. RSUs vest in three equal annual installments beginning one year after grant, subject to continued employment. The Form 4 is signed by an attorney-in-fact on behalf of Bacchus on 08/19/2025.

Positive

• Net increase of reported common stock holding by 2,783 shares after same-day purchase and sale.
• Receipt of RSUs totaling 18,769 units, which vest over three years and align executive incentives with shareholder value.
• Clear disclosure of shares held in the company 401(k) plan (2,157.38 shares) and of transaction details, meeting Section 16 reporting requirements.

Negative

• Sale of 5,382 shares on 08/15/2025, which reduced immediately tradable holdings.
• RSU grants increase potential future share dilution as they convert 1-for-1 to common stock upon vesting.

Insights

Financial Analyst

TL;DR: Insider executed both purchase and sale on the same day and received RSUs; net long position increased modestly.

The reported open-market activity shows an 8,165-share purchase and a 5,382-share sale at the same price of $21.02 on 08/15/2025, producing a net increase of 2,783 shares in the reported holding. The filing additionally lists RSU-related entries totaling 18,769 units across multiple lines, with 10,604 RSUs acquired under a distinct code. RSUs convert 1-for-1 to common stock and vest over three years, subject to continued employment, indicating future dilution is time-phased and tied to service. From a financial perspective, the transactions are routine insider compensation and trading activity; they do not on their face provide new operational or financial information about Kennametal.

Corporate Governance Expert

TL;DR: Transactions appear consistent with standard executive compensation and discretionary trades; disclosure filed under Section 16.

The Form 4 discloses both derivative (RSU) and non-derivative activity and is executed by an attorney-in-fact, which is standard practice. RSUs are time-based with three-year vesting in equal installments beginning on the first anniversary, aligning incentives to retention. The contemporaneous purchase and sale at the same price are documented and the filing cites shares held in the company 401(k) plan. The disclosure meets Section 16 requirements, and no governance irregularities or corrective amendments are indicated within the provided content.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bacchus Judith L

(Last) (First) (Middle)

525 WILLIAM PENN PLACE

33RD FLOOR

(Street)

PITTSBURGH PA 15219

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KENNAMETAL INC [ KMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/15/2025		M		8,165	A	$21.02	52,973.38(1)	D
Common Stock	08/15/2025		F		5,382	D	$21.02	47,591.38(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	08/15/2025		M			2,548	(3)	(3)	Common Stock	2,548	$0	0	D
Restricted Stock Units	(2)	08/15/2025		M			2,718	(3)	(3)	Common Stock	2,718	$0	2,719	D
Restricted Stock Units	(2)	08/15/2025		M			2,899	(3)	(3)	Common Stock	2,899	$0	5,800	D
Restricted Stock Units	(2)	08/15/2025		A		10,604		(3)	(3)	Common Stock	10,604	$0	10,604	D

Explanation of Responses:

1. Includes 2,157.38 shares of common stock held in the Kennametal Inc. 401(k) Plan

2. 1 for 1

3. 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

	Michelle R. Keating, as attorney-in-fact for Judith L. Bacchus	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What transactions did Judith L. Bacchus report on the KMT Form 4?

The Form 4 reports a purchase of 8,165 shares at $21.02 and a sale of 5,382 shares at $21.02 on 08/15/2025, plus multiple RSU entries.

How many restricted stock units were reported for KMT and how do they vest?

The filing shows RSU entries totaling 18,769 units across lines; RSUs vest in three equal annual installments beginning one year after the grant, subject to continued employment.

What is the reported beneficial ownership of KMT common stock after these transactions?

The Form 4 reports 52,973.38 shares beneficially owned following the reported transactions.

Did the filing disclose shares held in a retirement plan?

Yes, the filing states it includes 2,157.38 shares held in the Kennametal Inc. 401(k) Plan.

Who signed the Form 4 for Judith L. Bacchus and when?

Michelle R. Keating signed as attorney-in-fact for Judith L. Bacchus on 08/19/2025.