Kennametal (KMT) Insider Filing: RSU Grants and DRIP Add to Director Holdings

Rhea-AI Filing Summary

William J. Harvey, a director of Kennametal Inc. (KMT), reported transactions on 08/15/2025 that netted an increase in his holdings. The Form 4 shows an acquisition of 5,566 shares of common stock at $21.02 and a disposition of 170 shares at $21.02. After these transactions the filing reports beneficial ownership amounts of 46,599.766 shares and 46,429.766 shares (two post-transaction lines are shown for the different entries). The filing also records multiple restricted stock unit (RSU) entries: acquisitions of 1,773, 1,860, 1,933, and an additional 6,898 RSUs, to be settled 1-for-1 into common stock and subject to time-based vesting in three equal annual installments commencing on the first anniversary of the grant. The filing notes 1,198.288 shares were acquired through Kennametal's dividend reinvestment plan since the reporting person’s last Form 4.

Positive

• Net increase in director ownership via acquisition of 5,566 shares at $21.02 and multiple RSU awards
• Dividend reinvestment participation added 1,198.288 shares since the last Form 4, demonstrating continued insider reinvestment

Negative

• Minor disposition of 170 shares at $21.02 was reported, reducing holdings slightly

Insights

Financial Analyst

TL;DR: Routine insider purchases, small sale, and multiple RSU awards modestly increase director ownership; no material event altering company valuation.

The Form 4 reflects a net increase in William J. Harvey's economic exposure to KMT through a cash acquisition of 5,566 shares at $21.02 and several RSU grants that convert 1-for-1 into common shares with time-based vesting. The sale of 170 shares is minor relative to the total reported holdings. The disclosure that 1,198.288 shares were added via the dividend reinvestment plan since the last filing clarifies part of the ownership change. These transactions are standard compensation and dividend-reinvestment mechanics and do not indicate a material change in company fundamentals.

Corporate Governance Expert

TL;DR: Standard director compensation and DRIP activity disclosed; vesting schedule follows typical time-based governance practices.

The filing documents customary governance-related equity activity: RSUs granted and scheduled to vest in three equal installments beginning one year after grant, consistent with common long-term incentive structures. The combination of RSU awards, a dividend reinvestment credit, and a small open-market sale is consistent with routine portfolio management and compensation settlement by a director. No delegation, related-party transaction, or 10% ownership change is reported that would raise governance concerns.

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

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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^*

Harvey William J.

(Last) (First) (Middle)

26 PHEASANT'S RIDGE SOUTH

(Street)

GREENVILLE DE 19807

(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	46,599.766(1)	D
Common Stock	08/15/2025		F		170	D	$21.02	46,429.766(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	08/15/2025		M			1,773	(3)	(3)	Common Stock	1,773	$0	0	D
Restricted Stock Units	(2)	08/15/2025		M			1,860	(3)	(3)	Common Stock	1,860	$0	1,860	D
Restricted Stock Units	(2)	08/15/2025		M			1,933	(3)	(3)	Common Stock	1,933	$0	3,867	D
Restricted Stock Units	(2)	08/15/2025		A		6,898		(3)	(3)	Common Stock	6,898	$0	6,898	D

Explanation of Responses:

1. Includes 1,198.288 shares acquired through Kennametal Inc.'s dividend reinvestment plan, meeting the requirements of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended, since the reporting person's last Form 4 filing

2. 1 for 1

3. 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 J. Harvey	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 J. Harvey report on the KMT Form 4?

The Form 4 reports an acquisition of 5,566 common shares at $21.02, a sale of 170 shares at $21.02, and multiple RSU entries totaling several thousand units.

How many shares does William J. Harvey beneficially own after these transactions?

The filing shows post-transaction beneficial ownership figures of 46,599.766 and 46,429.766 shares on the respective reported lines.

Were any shares acquired through a dividend reinvestment plan (DRIP)?

Yes. The filing discloses 1,198.288 shares acquired through Kennametal's dividend reinvestment plan since the reporting person's last Form 4.

What is the nature and vesting schedule of the reported RSUs?

The RSUs convert 1-for-1 to common stock and are time-based, disbursed in three equal installments beginning on the first anniversary of the grant.

On what date were the reported transactions executed?

The transactions are reported with a transaction date of 08/15/2025 and the Form 4 is signed on 08/19/2025.

Does the filing indicate any change in reporting status or 10% ownership?

No. The form indicates the reporting person is a Director and there is no check or statement indicating 10% ownership or termination of Section 16 status.