Kennametal (NYSE: KMT) VP sells 5,488 shares at $35.94 each
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennametal Inc. Vice President Judith L. Bacchus reported an open-market sale of 5,488 shares of Kennametal common stock. The shares were sold at a price of $35.94 per share. After this transaction, she directly holds 4,553.69 shares of common stock.
This remaining amount includes 2,203.69 shares held in the Kennametal Inc. 401(k) Plan, as disclosed in the footnote. The filing does not report any option exercises or derivative positions, indicating this was a straightforward stock sale rather than part of a larger exercise-and-sell pattern.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,488 shares ($197,239)
Net Sell
1 txn
Insider
Bacchus Judith L
Role
Vice President
Sold
5,488 shs ($197K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,488 | $35.94 | $197K |
Holdings After Transaction:
Common Stock — 4,553.69 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,488 shares
Sale price per share: $35.94 per share
Shares held after transaction: 4,553.69 shares
+1 more
4 metrics
Shares sold
5,488 shares
Open-market sale of Kennametal common stock
Sale price per share
$35.94 per share
Price received in the open-market sale
Shares held after transaction
4,553.69 shares
Direct holdings following the sale
401(k) Plan shares
2,203.69 shares
Portion of holdings in Kennametal Inc. 401(k) Plan
Key Terms
open-market sale, Form 4, 401(k) Plan
3 terms
open-market sale financial
"The shares were sold at a price of $35.94 per share."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"This Form 4 filing reflects a routine insider sale of existing shares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
401(k) Plan financial
"held in the Kennametal Inc. 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did Kennametal (KMT) disclose for Judith L. Bacchus?
Kennametal reported that Vice President Judith L. Bacchus sold 5,488 shares of common stock in an open-market transaction at $35.94 per share. This Form 4 filing reflects a routine insider sale of existing shares, not an option exercise or derivative conversion.
Does the Kennametal (KMT) Form 4 for Judith L. Bacchus involve stock options or derivatives?
The Form 4 for Judith L. Bacchus reports only a non-derivative transaction in Kennametal common stock. It shows an open-market sale of 5,488 shares at $35.94, with no derivative securities, option exercises, or conversions disclosed in the derivative section of the filing.
How are 401(k) holdings reflected in Judith L. Bacchus’s Kennametal (KMT) position?
The filing notes that 2,203.69 of Judith L. Bacchus’s remaining 4,553.69 Kennametal shares are held in the Kennametal Inc. 401(k) Plan. These retirement-plan shares are included in her reported direct ownership total in the Form 4 footnote.