STOCK TITAN

Kennametal (NYSE: KMT) director sells 29,498.608 shares in open market

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Kennametal Inc. director Sagar A. Patel sold 29,498.608 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $33.50 per share, with individual trade prices ranging from $33.27 to $33.51. Following this sale, Patel no longer holds any directly owned Kennametal common shares.

Positive

  • None.

Negative

  • None.
Insider Patel Sagar A
Role null
Sold 29,498.608 shs ($988K)
Type Security Shares Price Value
Sale Common Stock 29,498.608 $33.50 $988K
Holdings After Transaction: Common Stock — 0 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 29,498.608 shares Open-market sale of common stock on 2026-06-08
Weighted average sale price $33.50 per share Average price across multiple trades
Price range of trades $33.27–$33.51 per share Range of individual sale prices
Shares held after transaction 0.0000 shares Directly owned Kennametal common stock
Net shares sold 29,498.608 shares Net buy/sell shares in transaction summary
open-market sale financial
"transaction_action: "open-market sale""
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"within the ranges set forth in this footnote to this Form 4"
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.
non-derivative financial
"transaction_type: "non-derivative""
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SEC Form 4
FORM 4UNITED 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*
Patel Sagar A

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026S29,498.608D$33.5(1)0D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.27 to $33.51, inclusive. The reporting person undertakes to provide to Kennametal Inc., any security holder of Kennametal Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4
Michelle R. Keating, as attorney-in-fact for Sagar A. Patel06/09/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Kennametal (KMT) director Sagar A. Patel report?

Director Sagar A. Patel reported an open-market sale of 29,498.608 shares of Kennametal common stock. The transaction involved a single Form 4 entry and resulted in Patel having no remaining directly owned Kennametal shares after the sale was completed.

At what price did Sagar A. Patel sell Kennametal (KMT) shares?

The reported weighted average sale price was $33.50 per share. According to the filing, the multiple trades that made up the transaction occurred at prices ranging from $33.27 to $33.51 per share, all within that disclosed price range.

How many Kennametal (KMT) shares did Sagar A. Patel sell in this Form 4?

Sagar A. Patel sold 29,498.608 shares of Kennametal common stock in this reported transaction. This entire amount was classified as a non-derivative open-market sale, as disclosed in the Form 4 filing’s transaction detail section.

How many Kennametal (KMT) shares does Sagar A. Patel hold after the reported sale?

After the reported open-market sale, Sagar A. Patel’s directly owned Kennametal common stock position is listed as 0.0000 shares. The Form 4 does not show any remaining derivative positions or additional directly held Kennametal shares for Patel.

Was the Kennametal (KMT) insider sale by Sagar A. Patel executed in a single trade?

The Form 4 notes the sale price is a weighted average, meaning the sale occurred through multiple trades. Those trades were executed at prices between $33.27 and $33.51 per share, resulting in the reported weighted average price of $33.50.