[Form 4] Kennametal Inc. Insider Trading Activity
Faisal Hamadi, Vice President of Kennametal Inc. (KMT), reported transactions dated 08/15/2025. The filing shows a market purchase of 2,133 common shares at $21.02 (code M) and a disposition of 720 shares at $21.02, leaving 3,143 shares directly owned after the sale and 3,863 after the purchase (reported on separate lines). The report also discloses restricted stock unit grants: 2,133 RSUs (reported as transaction code M) and an additional 11,191 RSUs (code A) that convert 1-for-1 into common stock when disbursed. The RSUs vest in three equal annual installments starting one year after grant, subject to continued employment. The form was signed by an attorney-in-fact on 08/18/2025.
- Insider purchased shares (2,133 shares at $21.02), showing some direct equity accumulation by an executive.
- Substantial RSU grant of 11,191 units aligns executive compensation with shareholder value and retention over three years.
- Sale of 720 shares on the same date partially offsets the purchase, reducing the net buying signal.
- RSU awards dilute existing shareholders when they convert into common stock over the vesting schedule.
Insights
TL;DR: Insider executed small net equity purchase and received meaningful RSU grant, showing compensation alignment without large cash insider buying.
The 2,133-share purchase at $21.02 paired with a 720-share disposition results in a modest net increase in reported direct holdings compared with pre-transaction levels. The filing's larger item is the 11,191 RSU award, which represents a multi-year retention incentive converting 1-for-1 into common shares and vesting over three years. For investors, the RSU grant signals management compensation tied to continued service and potential share dilution over the vesting period; the small open-market purchase adds limited incremental alignment.
TL;DR: Governance view: routine insider transactions plus standard time‑based RSUs; no apparent governance red flags.
The transactions are disclosed under Section 16 as required and signed by an attorney‑in‑fact, indicating proper filing mechanics. The RSU structure—three equal annual installments beginning on the first anniversary—matches common retention practices. The combination of an awarded RSU pool and modest market activity by the reporting officer is consistent with compensation and liquidity management rather than a material change in control or governance concern.