Kennametal (NYSE: KMT) director converts 2,299 RSUs at $31.22
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) reported insider equity compensation activity involving director Lorraine M. Martin. On 2026-08-15, she received a grant of 4,965 Restricted Stock Units, each convertible 1-for-1 into common stock, subject to time-based vesting in three equal annual installments. On 2026-08-14, 2,299 RSUs were exercised and converted into 2,299 shares of common stock at a reference value of $31.22 per share, with 186 shares delivered or withheld to cover the exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,113 shares
Net Buy
4 txns
Insider
Martin Lorraine M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 4,965 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F2 | 2,299 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,299 | $31.22 | $72K |
| Exercise Price or Tax Liability | Common Stock | 186 | $31.22 | $6K |
Holdings After Transaction:
Restricted Stock Units — 9,564 shares (Direct);
Common Stock — 45,182 shares (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. Restricted stock units are subject to time-based vesting and are disbursed in three equal installments commencing on the first anniversary date of the grant
Key Figures
RSU grant: 4,965 Restricted Stock Units
RSU exercise: 2,299 Restricted Stock Units
Reference share price: $31.22 per share
+2 more
5 metrics
RSU grant
4,965 Restricted Stock Units
Grant to director on 2026-08-15, convertible 1-for-1 into common stock
RSU exercise
2,299 Restricted Stock Units
RSUs exercised and converted into 2,299 common shares on 2026-08-14
Reference share price
$31.22 per share
Price per share for common stock issued on RSU exercise on 2026-08-14
Shares delivered/withheld for exercise price or tax
186 shares
Common shares used to pay exercise price or tax liability (code F) on 2026-08-14
RSU-to-share conversion ratio
1 for 1
Each Restricted Stock Unit converts into one share of Kennametal common stock
Key Terms
Restricted Stock Units, time-based vesting, exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering or withholding securities
4 terms
Restricted Stock Units financial
"security_title "Restricted Stock Units" with 1 for 1 conversion into common stock"
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.
exercise or conversion of derivative security financial
"transaction_code_description "Exercise or conversion of derivative security""
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description for code F disposition of 186 shares"
FAQ
What insider transactions did KMT director Lorraine M. Martin report?
Lorraine M. Martin reported a grant of 4,965 Restricted Stock Units on 2026-08-15 and the exercise of 2,299 RSUs into common stock on 2026-08-14, with 186 shares delivered or withheld for exercise price or tax liability.
How many Restricted Stock Units were granted to the KMT director in this Form 4?
The KMT director received a grant of 4,965 Restricted Stock Units. These RSUs convert 1-for-1 into Kennametal common stock and vest in three equal annual installments beginning on the first anniversary of the grant date, subject to time-based vesting conditions.
What RSU vesting terms are disclosed for KMT in this filing?
The filing states that the Restricted Stock Units vest in three equal installments starting on the first anniversary of the grant date. Vesting is time-based, and the RSUs are disbursed in those three installments as they vest, at a 1-for-1 rate into common stock.
What RSU exercise activity did Kennametal (KMT) report for the director?
On 2026-08-14, 2,299 Restricted Stock Units were exercised and converted into 2,299 shares of Kennametal common stock at a reference price of $31.22 per share, as part of an exercise or conversion of a derivative security transaction.
Are the reported KMT insider transactions open-market buys or sells?
No. The filing describes equity compensation-related transactions: an RSU grant, an RSU exercise converting units to common stock, and shares delivered or withheld for exercise price or tax. It does not report any open-market purchase (P) or sale (S) transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
