Kennametal VP converts 11,596 RSUs to stock
Kennametal vice president completed an RSU conversion into common shares, with a portion of the shares withheld to cover exercise price or tax obligations.
Rhea-AI Filing Summary
KENNAMETAL INC (KMT) reported that Vice President Clark David Bersaglini had 11,596 Restricted Stock Units convert on September 1, 2026 into 11,596 shares of Common Stock on a 1-for-1 basis. Of these shares, 5,078 were delivered or withheld at $29.19 per share for payment of exercise price or tax liability. The restricted stock units are subject to time-based vesting and are disbursed on the second anniversary of the grant date, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,596 shares exercised/converted
Exercise
3 txns
Insider
Bersaglini Clark David
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 11,596 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,596 | $29.19 | $338K |
| Exercise Price or Tax Liability | Common Stock | 5,078 | $29.19 | $148K |
Holdings After Transaction:
Restricted Stock Units — 11,596 contracts (Direct);
Common Stock — 28,631 shares (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. Restricted stock units are subject to time-based vesting and are disbursed on the second anniversary date of the grant date
Key Figures
RSUs converted: 11,596 units
Common Stock acquired from RSUs: 11,596 shares
Shares delivered/withheld for exercise price or tax liability: 5,078 shares
+2 more
5 metrics
RSUs converted
11,596 units
Restricted Stock Units converted into Common Stock on September 1, 2026
Common Stock acquired from RSUs
11,596 shares
Shares of Kennametal Common Stock received upon RSU conversion
Shares delivered/withheld for exercise price or tax liability
5,078 shares
Common shares used to pay exercise price or tax liability at conversion
Price per share for tax/exercise payment
$29.19 per share
Applied to 5,078 shares delivered or withheld on September 1, 2026
RSU conversion ratio
1 for 1
Each Restricted Stock Unit converts into one share of Common Stock
Key Terms
Restricted Stock Units, time-based vesting, Payment of exercise price or tax liability by delivering or withholding securities
3 terms
Restricted Stock Units financial
"Restricted Stock Units are subject to time-based vesting"
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"
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.
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction code F description refers to payment of exercise price or tax liability"
FAQ
What insider transaction did KMT report for Vice President Clark David Bersaglini?
Kennametal reported that Vice President Clark David Bersaglini had 11,596 Restricted Stock Units convert into 11,596 shares of Common Stock on September 1, 2026, with a portion of those shares delivered or withheld to cover exercise price or tax obligations.
Were the Kennametal (KMT) insider transactions under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for these transactions.
How do the Kennametal (KMT) Restricted Stock Units vest in this Form 4?
The Restricted Stock Units are described as having time-based vesting and being disbursed on the second anniversary of the grant date, according to the footnotes in the Form 4.
What does code F mean in this Kennametal (KMT) Form 4 filing?
In this Form 4, transaction code F refers to payment of exercise price or tax liability by delivering or withholding securities, here involving 5,078 shares of Common Stock at $29.19 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.