Kennametal CEO granted 54,969 RSUs, exercises award

Q: What equity award did KMT grant to CEO Sanjay Chowbey?

KENNAMETAL INC granted Sanjay Chowbey 54,969 Restricted Stock Units, each exchangeable 1-for-1 into common stock. These RSUs feature time-based vesting and will be disbursed in three equal annual installments starting on the first anniversary of the grant date, subject to continued employment.

Q: How many KMT shares were acquired through RSU exercise in this Form 4?

Sanjay Chowbey exercised 25,372 Restricted Stock Units into 25,372 shares of KENNAMETAL INC common stock. The transaction used a price of $31.22 per share, reflecting an exercise or conversion of derivative securities rather than an open-market purchase or sale.

Q: How many KMT shares were withheld for exercise price or tax in this filing?

Of the common shares received from the RSU exercise, 19,156 shares were delivered or withheld to satisfy exercise price or tax liabilities. This is reported under transaction code F, which covers payment of such obligations by delivering or withholding securities instead of cash.

Q: What is the vesting schedule of the new RSUs reported for KMT?

The 54,969 RSUs granted to Sanjay Chowbey vest on a time-based schedule. They are disbursed in three equal annual installments, commencing on the first anniversary of the grant date, and are conditioned on his continued employment with KENNAMETAL INC throughout the vesting period.

Q: Were the reported KMT insider transactions under a Rule 10b5-1 plan?

The Form 4 for KENNAMETAL INC shows the Rule 10b5-1 checkbox is not marked, indicating the company did not affirm these transactions as executed under a pre-arranged trading plan. The filing does not otherwise attribute the transactions to a Rule 10b5-1 trading arrangement.

KENNAMETAL INC (KMT) reported insider equity activity by President and CEO Sanjay Chowbey.

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Rhea-AI Filing Summary

KENNAMETAL INC (KMT) reported insider equity activity by President and CEO Sanjay Chowbey. He received a grant of 54,969 Restricted Stock Units, each convertible into one share of common stock, subject to time-based vesting in three equal annual installments starting on the first anniversary of the grant. In a related transaction, 25,372 Restricted Stock Units were exercised into 25,372 shares of common stock at $31.22 per share, with 19,156 shares delivered or withheld to cover exercise price or tax liabilities. The Rule 10b5-1 trading-plan box was not checked.

Insider Trade Summary

25,372 shares exercised/converted

Exercise 4 txns

Insider Chowbey Sanjay

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units ^{F2, F3}	54,969	$0.00	$0.00
Exercise	Restricted Stock Units ^F2	25,372	$0.00	$0.00
Exercise	Common Stock ^F1	25,372	$31.22	$792K
Exercise Price or Tax Liability	Common Stock ^F1	19,156	$31.22	$598K

Holdings After Transaction: Restricted Stock Units — 105,715 contracts (Direct); Common Stock — 239,839.373 shares (Direct)

Footnotes (3)

F1. Includes 540.35 shares held in the Kennametal Inc. 401(k) Plan
F2. 1 for 1
F3. 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, subject to continued employment with the company

Key Figures

RSU grant: 54,969 units RSU exercise: 25,372 units Exercise price: $31.22 per share +4 more

7 metrics

RSU grant 54,969 units Restricted Stock Units granted to CEO Sanjay Chowbey, 1-for-1 into common stock

RSU exercise 25,372 units Restricted Stock Units exercised or converted into common stock

Exercise price $31.22 per share Price used for common stock issued upon RSU exercise

Shares withheld for exercise price or tax 19,156 shares Common shares delivered or withheld to cover exercise price or tax liability

401(k) holdings 540.35 shares Shares held in the Kennametal Inc. 401(k) Plan included in reported holdings

RSU conversion ratio 1 for 1 Each RSU corresponds to one share of Kennametal common stock

RSU vesting installments 3 annual installments Time-based vesting schedule starting on first anniversary of grant date

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

"He received a grant of 54,969 Restricted Stock Units, each convertible"

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": "Payment of exercise price or tax liability by delivering"

FAQ

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

What equity award did KMT grant to CEO Sanjay Chowbey?

KENNAMETAL INC granted Sanjay Chowbey 54,969 Restricted Stock Units, each exchangeable 1-for-1 into common stock. These RSUs feature time-based vesting and will be disbursed in three equal annual installments starting on the first anniversary of the grant date, subject to continued employment.

How many KMT shares were acquired through RSU exercise in this Form 4?

Sanjay Chowbey exercised 25,372 Restricted Stock Units into 25,372 shares of KENNAMETAL INC common stock. The transaction used a price of $31.22 per share, reflecting an exercise or conversion of derivative securities rather than an open-market purchase or sale.

How many KMT shares were withheld for exercise price or tax in this filing?

Of the common shares received from the RSU exercise, 19,156 shares were delivered or withheld to satisfy exercise price or tax liabilities. This is reported under transaction code F, which covers payment of such obligations by delivering or withholding securities instead of cash.

What is the vesting schedule of the new RSUs reported for KMT?

The 54,969 RSUs granted to Sanjay Chowbey vest on a time-based schedule. They are disbursed in three equal annual installments, commencing on the first anniversary of the grant date, and are conditioned on his continued employment with KENNAMETAL INC throughout the vesting period.

Were the reported KMT insider transactions under a Rule 10b5-1 plan?

The Form 4 for KENNAMETAL INC shows the Rule 10b5-1 checkbox is not marked, indicating the company did not affirm these transactions as executed under a pre-arranged trading plan. The filing does not otherwise attribute the transactions to a Rule 10b5-1 trading arrangement.

What conversion ratio applies to the RSUs reported for KMT?

The Restricted Stock Units reported for KENNAMETAL INC carry a conversion ratio of 1 for 1, meaning each RSU corresponds to one share of common stock upon settlement, subject to the applicable vesting and disbursement conditions described in the accompanying footnotes.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 08/18/2026 - 06:14 PM EDT

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)
08/14/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/14/2026		M		25,372	A	$31.22	258,995.373⁽¹⁾	D
Common Stock	08/14/2026		F		19,156	D	$31.22	239,839.373⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾	08/14/2026		M			25,372	⁽²⁾	⁽²⁾	Common Stock	25,372	$0	50,746	D
Restricted Stock Units	⁽²⁾	08/15/2026		A		54,969		⁽³⁾	⁽³⁾	Common Stock	54,969	$0	54,969	D

Explanation of Responses:

1. Includes 540.35 shares held in the Kennametal Inc. 401(k) Plan

2. 1 for 1

3. 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, subject to continued employment with the company

	Michelle R. Keating, as attorney-in-fact for Sanjay K. Chowbey	08/18/2026
	** 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)

Source: View Original Filing on SEC EDGAR