Kennametal (KMT) insider purchase and RSU grants reported on Form 4

Rhea-AI Filing Summary

Kennametal (KMT) director William M. Lambert reported purchases and grants on Form 4. On 08/15/2025 he acquired 5,566 shares of KMT common stock at $21.02 per share and reported a separate disposition of 170 shares at the same price. The filing also shows four restricted stock unit grants totaling 12,464 RSUs (1,773; 1,860; 1,933; 6,898) that convert 1-for-1 into common shares and are subject to time-based vesting paid in three equal installments beginning one year after grant. Transactions were reported by Michelle R. Keating as attorney-in-fact on 08/19/2025.

Positive

• Director acquired 5,566 shares at $21.02, increasing insider ownership
• 12,464 RSUs granted (1,773; 1,860; 1,933; 6,898) that vest over time, aligning director incentives with shareholders

Negative

• None.

Insights

Financial Analyst

TL;DR Director bought 5,566 shares and received 12,464 RSUs; transactions appear routine and non-material to company capital structure.

The purchase of 5,566 shares at $21.02 and the grant of 12,464 RSUs increase the director's alignment with shareholder interests by adding equity and future share-based compensation that vests over time. The small 170-share disposition likely reflects a tax or withholding sale tied to RSU issuance rather than a strategic divestiture. Overall, the size of these transactions is small relative to public-company float and does not indicate a change in control or material shift in ownership.

Corporate Governance Expert

TL;DR Equity grants and an open-market purchase reflect standard director compensation and alignment practices, not a governance concern.

The filing documents time-based restricted stock units paid in three equal installments starting one year after grant, a common retention design for directors/executives. Reporting by an attorney-in-fact is routine. There is no indication of related-party transactions, change in board status, or accelerated vesting triggers disclosed in this Form 4. Governance implications are standard: continued alignment through equity incentives without disclosed unusual terms.

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
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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^*

LAMBERT WILLIAM M

(Last) (First) (Middle)

C/O MSA SAFETY

1000 CRANBERRY WOODS DRIVE

(Street)

CRANBERRY TWP PA 16066

(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)

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

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		5,566	A	$21.02	70,647	D
Common Stock	08/15/2025		F		170	D	$21.02	70,477	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	(1)	08/15/2025		M			1,773	(2)	(2)	Common Stock	1,773	$0	0	D
Restricted Stock Units	(1)	08/15/2025		M			1,860	(2)	(2)	Common Stock	1,860	$0	1,860	D
Restricted Stock Units	(1)	08/15/2025		M			1,933	(2)	(2)	Common Stock	1,933	$0	3,867	D
Restricted Stock Units	(1)	08/15/2025		A		6,898		(2)	(2)	Common Stock	6,898	$0	6,898	D

Explanation of Responses:

1. 1 for 1

2. 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

	Michelle R. Keating, as attorney-in-fact for William Lambert	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 William M. Lambert report on the Form 4 for KMT?

He reported an acquisition of 5,566 shares at $21.02, a disposition of 170 shares at $21.02, and grants totaling 12,464 restricted stock units.

How do the restricted stock units (RSUs) reported for KMT vest?

They vest on a time-based schedule and are disbursed in three equal installments commencing on the first anniversary of the grant.

When were the transactions and filing dated for the KMT Form 4?

Transactions were dated 08/15/2025 and the Form 4 was signed/reported on 08/19/2025 by Michelle R. Keating as attorney-in-fact.

Did the Form 4 indicate any change in director status for KMT?

No. The filing lists William M. Lambert as a director and does not report any change in relationship to the issuer.

Do the reported transactions appear material to KMT's ownership structure?

No. The sizes reported (5,566 shares purchased and 12,464 RSUs granted) are routine insider activity and not presented as a controlling or material ownership change.