Kennametal CEO awarded new performance stock units

Chowbey Sanjay reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Chowbey Sanjay reported acquisition or exercise transactions in this Form 4 filing.

Kennametal Inc. President and CEO Sanjay Chowbey reported four stock-based compensation awards dated July 27, 2026. He was deemed to have earned 9,322 and 13,986 performance stock units from 2023 awards and 41,062 and 38,058 units from 2024 and 2025 awards, all at $0 per share. Each tranche remains subject to continued employment through dates ranging from August 15, 2025 to August 15, 2028, and his holdings include 540.37 shares in the company’s 401(k) plan.

Insider Trade Summary

Grant/Award: 102,428 shares

Grant/Award 4 txns

Insider Chowbey Sanjay

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	9,322	$0.00	$0.00
Grant/Award	Common Stock F3, F2	13,986	$0.00	$0.00
Grant/Award	Common Stock F4, F2	41,062	$0.00	$0.00
Grant/Award	Common Stock F5, F2	38,058	$0.00	$0.00

Holdings After Transaction: Common Stock — 233,623.373 shares (Direct)

Footnotes (5)

1. F1. Represents 9,322 performance stock units deemed to have been earned by Compensation and Human Capital Committee, the Committee, on July 27, 2026, with respect to the third tranche of the Performance Unit Award relating to adjusted ROIC granted to the reporting person on August 15, 2023, the 2023 Performance Unit Award, under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout multiple at 200.0 percent for such tranche of the 2023 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2026
2. F2. Includes 540.37 shares held in the Kennametal Inc. 401(k) Plan
3. F3. Represents 13,986 performance stock units deemed to have been earned by the Committee on July 27,2026, with respect to the tranche of the 2023 Performance Unit Award relating to adjusted EBITDA margin, under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 27,2026, the Committee approved adjusted EBITDA margin payout at 200.0 percent for such tranche of the 2023 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2025
4. F4. Represents 41,062 performance stock units deemed to have been earned by the Committee on July 27, 2026, with respect to the second tranche of the Performance Unit Award relating to adjusted ROIC granted to the reporting person on August 15, 2024, the 2024 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout at 200.0 percent for such tranche of the 2024 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2027
5. F5. Represents 38,058 performance stock units deemed to have been earned by the Committee on July 27, 2026, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2025, the 2025 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout multiple at 200.0 percent for the first tranche of the 2025 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2028

Key Figures

Performance stock units earned (2023 ROIC tranche): 9,322 shares Performance stock units earned (2023 EBITDA tranche): 13,986 shares Performance stock units earned (2024 ROIC tranche): 41,062 shares +2 more

5 metrics

Performance stock units earned (2023 ROIC tranche) 9,322 shares Deemed earned on July 27, 2026 for the third tranche of the 2023 Performance Unit Award relating to adjusted ROIC; vesting subject to employment through August 15, 2026

Performance stock units earned (2023 EBITDA tranche) 13,986 shares Deemed earned on July 27, 2026 for the tranche of the 2023 Performance Unit Award relating to adjusted EBITDA margin; vesting subject to employment through August 15, 2025

Performance stock units earned (2024 ROIC tranche) 41,062 shares Deemed earned on July 27, 2026 for the second tranche of the 2024 Performance Unit Award relating to adjusted ROIC; vesting subject to employment through August 15, 2027

Performance stock units earned (2025 ROIC tranche) 38,058 shares Deemed earned on July 27, 2026 for the first tranche of the 2025 Performance Unit Award; vesting subject to employment through August 15, 2028

Shares held in 401(k) Plan 540.37 shares Common stock held in the Kennametal Inc. 401(k) Plan included in reported holdings

Key Terms

performance stock units, adjusted ROIC, adjusted EBITDA margin, payout multiple, +1 more

5 terms

performance stock units financial

"Represents 9,322 performance stock units deemed to have been earned"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

adjusted ROIC financial

"with respect to the third tranche of the Performance Unit Award relating to adjusted ROIC"

Adjusted ROIC measures how effectively a company turns the money it has invested in its business into profit, but after removing one-time items and accounting tweaks so the result shows the recurring operating performance. Think of it like checking a car’s fuel efficiency after unloading temporary extra weight: it gives investors a clearer view of the business’s true efficiency and helps compare companies or track whether management is improving returns on the capital used to run and grow the business.

adjusted EBITDA margin financial

"tranche of the 2023 Performance Unit Award relating to adjusted EBITDA margin"

Adjusted EBITDA margin shows how much profit a company makes from its core operations, expressed as a percentage of its total revenue, after removing certain one-time or unusual expenses and income. It helps investors understand the company's true earning ability from regular business activities, making it easier to compare performance over time or with other companies. Think of it as measuring the efficiency of a business in turning sales into profits, excluding irregular adjustments.

payout multiple financial

"approved adjusted ROIC payout multiple at 200.0 percent for such tranche"

Stock and Incentive Plan financial

"under the Kennametal Inc. 2020 Stock and Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did Kennametal (KMT) CEO Sanjay Chowbey report on July 27, 2026?

Sanjay Chowbey reported four stock-based compensation awards dated July 27, 2026. He was deemed to have earned 9,322, 13,986, 41,062 and 38,058 performance stock units tied to adjusted ROIC and adjusted EBITDA margin, all at $0 per share and subject to future vesting.

What performance metrics determine Sanjay Chowbey’s stock unit awards at Kennametal (KMT)?

The reported performance stock units are tied to adjusted ROIC and adjusted EBITDA margin. For each relevant tranche, Kennametal’s Compensation and Human Capital Committee approved a payout or payout multiple of 200.0 percent, which determined the number of units deemed earned on July 27, 2026.

When will Sanjay Chowbey’s newly earned KMT performance stock units vest?

All reported units remain subject to continued employment-based vesting. The 13,986 units tied to adjusted EBITDA margin require employment through August 15, 2025; 9,322 units through August 15, 2026; 41,062 units through August 15, 2027; and 38,058 units through August 15, 2028.

Are the July 27, 2026 Kennametal (KMT) CEO awards under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for these awards. The transactions are coded as acquisitions (A) of common stock through performance stock unit grants, reflecting compensation decisions by Kennametal’s Compensation and Human Capital Committee rather than open-market trading activity.

How many Kennametal (KMT) shares does Sanjay Chowbey hold through the 401(k) plan?

Reported common stock holdings include 540.37 shares held in the Kennametal Inc. 401(k) Plan. This figure appears in a footnote that clarifies part of the CEO’s direct ownership position, although the total number of shares he holds after these awards is not stated in this report.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/29/2026 - 12:11 PM Accepted by SEC EDGAR 07/29/2026 - 12:11 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Chowbey Sanjay

(Last) (First) (Middle)

525 WILLIAM PENN PLACE

SUITE 3300

(Street)

PITTSBURGH PENNSYLVANIA 15219

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026

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

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

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

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	07/27/2026		A		9,322(1)	A	$0	140,517.373(2)	D
Common Stock	07/27/2026		A		13,986(3)	A	$0	154,503.373(2)	D
Common Stock	07/27/2026		A		41,062(4)	A	$0	195,565.373(2)	D
Common Stock	07/27/2026		A		38,058(5)	A	$0	233,623.373(2)	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

Explanation of Responses:

1. Represents 9,322 performance stock units deemed to have been earned by Compensation and Human Capital Committee, the Committee, on July 27, 2026, with respect to the third tranche of the Performance Unit Award relating to adjusted ROIC granted to the reporting person on August 15, 2023, the 2023 Performance Unit Award, under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout multiple at 200.0 percent for such tranche of the 2023 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2026

2. Includes 540.37 shares held in the Kennametal Inc. 401(k) Plan

3. Represents 13,986 performance stock units deemed to have been earned by the Committee on July 27,2026, with respect to the tranche of the 2023 Performance Unit Award relating to adjusted EBITDA margin, under the Kennametal Inc. 2020 Stock and Incentive Plan. On July 27,2026, the Committee approved adjusted EBITDA margin payout at 200.0 percent for such tranche of the 2023 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2025

4. Represents 41,062 performance stock units deemed to have been earned by the Committee on July 27, 2026, with respect to the second tranche of the Performance Unit Award relating to adjusted ROIC granted to the reporting person on August 15, 2024, the 2024 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout at 200.0 percent for such tranche of the 2024 Performance Unit Award; vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2027

5. Represents 38,058 performance stock units deemed to have been earned by the Committee on July 27, 2026, with respect to the first tranche of the Performance Unit Award granted to the reporting person on August 15, 2025, the 2025 Performance Unit Award, under the Kennametal Inc. 2024 Stock and Incentive Plan. On July 27, 2026, the Committee approved adjusted ROIC payout multiple at 200.0 percent for the first tranche of the 2025 Performance Unit Award, vesting and actual distribution of these shares remain subject to the reporting persons continued employment with the Company through August 15, 2028

	Michelle R. Keating, as attorney-in-fact for Sanjay K. Chowbey	07/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)