STOCK TITAN

Kennametal (KMT) director awarded 697.076 stock credits as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DIETRICH DOUGLAS T reported acquisition or exercise transactions in this Form 4 filing.

KENNAMETAL INC director Douglas T. Dietrich received a grant of 697.076 stock credits, each tied 1-for-1 to common stock, on stock credits dated as of the transaction date. The grant is priced at $36.94 per credit and is structured as a compensation award, not an open-market purchase.

After this award, he holds a total of 11,306.5153 stock credits. These credits become payable in common stock if there is a change of control of the company or when he retires from the board, unless he has elected a different timing. The total includes additional stock credits accumulated through dividend reinvestment features of Kennametal incentive plans.

Positive

  • None.

Negative

  • None.
Insider DIETRICH DOUGLAS T
Role null
Type Security Shares Price Value
Grant/Award Stock Credits 697.076 $36.94 $26K
Holdings After Transaction: Stock Credits — 11,306.515 shares (Direct, null)
Footnotes (1)
  1. 1 for 1 The stock credits become payable in common stock (i) in the event of a change of control of the company or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement Includes 38.163 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 22.724 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended
Stock credits granted 697.076 stock credits Grant/award reported on Form 4
Grant reference price $36.94 per stock credit Reported transaction price per stock credit
Total stock credits after grant 11,306.5153 stock credits Holdings following reported transaction
Underlying common stock linkage 1-for-1 Each stock credit linked to one share of common stock
Dividend reinvestment additions 38.163 and 22.724 stock credits Credits from dividend reinvestment features of Kennametal plans
Stock Credits financial
"The stock credits become payable in common stock..."
dividend reinvestment feature financial
"Includes 38.163 stock credits acquired pursuant to a dividend reinvestment feature..."
change of control financial
"payable in common stock (i) in the event of a change of control of the company..."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
Directors Stock Incentive Plan financial
"Kennametal Inc. Directors Stock Incentive Plan, as amended..."
Rule 16a-11 regulatory
"plan available to its shareholders that satisfies the requirement of Rule 16a-11..."
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*
DIETRICH DOUGLAS T

(Last)(First)(Middle)
622 THIRD AVENUE

(Street)
NEW YORK NEW YORK 10017

(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)
05/26/2026
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
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
Stock Credits(1)05/26/2026A697.076 (2) (2)Common Stock697.076$36.9411,306.5153(3)D
Explanation of Responses:
1. 1 for 1
2. The stock credits become payable in common stock (i) in the event of a change of control of the company or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement
3. Includes 38.163 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 22.724 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended
Michelle R. Keating, as attorney-in-fact for Douglas T. Dietrich05/29/2025
** 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 Douglas T. Dietrich report?

Kennametal director Douglas T. Dietrich reported receiving a grant of 697.076 stock credits as compensation. Each stock credit is linked 1-for-1 to Kennametal common stock and is not an open-market purchase or sale, but part of the company’s director incentive arrangements.

How many stock credits does the Kennametal (KMT) director hold after this Form 4?

Following the reported grant, the director holds 11,306.5153 stock credits in total. This figure includes the new 697.076-credit award plus credits accumulated previously, including those acquired through dividend reinvestment features in Kennametal’s stock incentive plans.

When do the Kennametal (KMT) stock credits become payable in common stock?

The stock credits become payable in Kennametal common stock upon a change of control of the company or when the director ceases to be a director, described as retirement, unless he has elected a different timing for receiving the underlying shares after retirement.

Are the Kennametal (KMT) stock credits granted to the director tied to a specific price?

Yes. The 697.076 stock credits are reported at $36.94 per credit. This reflects the reference price used for reporting the compensation award and does not represent an open-market trade, but rather the value basis for the stock credit grant.

Do dividend reinvestment features affect the Kennametal (KMT) director’s stock credits?

Yes. The total stock credits include amounts acquired through dividend reinvestment features of Kennametal stock incentive plans. These features add fractional stock credits when dividends are paid, increasing the director’s credited balance over time without separate open-market transactions.