STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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.

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Negative

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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)
  1. F1. 1 for 1
  2. F2. Restricted stock units are subject to time-based vesting and are disbursed on the second anniversary date of the grant date
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
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.

How many Kennametal (KMT) RSUs and shares were involved in this Form 4?

The filing shows 11,596 Restricted Stock Units converting into 11,596 shares of Common Stock on a 1-for-1 basis, with 5,078 shares delivered or withheld in connection with payment of exercise price or tax liability at $29.19 per share.

What price per share applies to the Kennametal (KMT) shares withheld in this transaction?

For the shares delivered or withheld to pay exercise price or tax liability, the filing reports a price of $29.19 per share on September 1, 2026.

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.

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Learn about SEC filing dates
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*
Bersaglini Clark David

(Last)(First)(Middle)
525 WILLIAM PENN PLACE
33RD FLOOR

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
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 Stock09/01/2026M11,596A$29.1933,709D
Common Stock09/01/2026F5,078D$29.1928,631D
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
Restricted Stock Units(1)09/01/2026M11,596 (2) (2)Common Stock11,596$011,596D
Explanation of Responses:
1. 1 for 1
2. Restricted stock units are subject to time-based vesting and are disbursed on the second anniversary date of the grant date
Michelle R. Keating, as attorney-in-fact for C. David Bersaglini09/03/2026
** 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)