Kennametal director awarded 5,310 RSUs, credits
Kennametal director Richard J. Harshman received new time-vested RSUs and stock credits tied to KMT common stock.
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Rhea-AI Filing Summary
KENNAMETAL INC (symbol: KMT) is the issuer of record for a Form 4 filing submitted to the SEC. HARSHMAN RICHARD J reported acquisition or exercise transactions in this Form 4 filing.
KENNAMETAL INC (KMT) reported that director Richard J. Harshman received equity-based awards on September 1, 2026. He was granted 5,310 Restricted Stock Units, each convertible into one share of common stock, and 271.223 stock credits, also linked 1-for-1 to common stock. The RSUs are subject to time-based vesting and will be disbursed in three equal annual installments starting on the first anniversary of the grant date. The stock credits become payable in common stock upon a change of control or when he ceases to be a director (other than by death), subject to his payout election. No Rule 10b5-1 trading plan is reported for these awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 5,310 | $0.00 | $0.00 |
| Grant/Award | Stock Credits F1, F3 | 271.223 | $0.00 | $0.00 |
Footnotes (3)
- F1. 1 for 1
- F2. 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
- F3. 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
Key Figures
Key Terms
Restricted Stock Units financial
stock credits financial
time-based vesting financial
change of control financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did KMT director Richard J. Harshman receive in this Form 4?
How do the new Restricted Stock Units for KMT’s director vest?
When do the 271.223 stock credits reported for KMT become payable?
What are Harshman’s holdings after these KMT equity awards?
Were the KMT equity awards to the director made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.