Kennametal director granted 5,310 stock credits
Kennametal director Dawne S. Hickton received 5,310 stock credits tied 1-for-1 to KMT common shares, payable at separation or change of control.
Rhea-AI Filing Summary
KENNAMETAL INC (symbol: KMT) is the issuer of record for a Form 4 filing submitted to the SEC. HICKTON DAWNE S reported acquisition or exercise transactions in this Form 4 filing.
KENNAMETAL INC (KMT) reported that director Dawne S. Hickton received a grant of 5,310 Stock Credits on September 1, 2026. Each Stock Credit is exchangeable 1-for-1 into common stock, generally payable upon a change of control of the company or when she ceases to be a director. No Rule 10b5-1 trading plan is reported for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,310 shares
Grant/Award
1 txn
Insider
HICKTON DAWNE S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Credits F1, F2 | 5,310 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Credits — 5,310 contracts (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. 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.
Key Figures
Stock Credits granted: 5,310 units
Underlying common shares: 5,310 shares
Grant price per Stock Credit: $0.00 per unit
+2 more
5 metrics
Stock Credits granted
5,310 units
Grant of Stock Credits to director Dawne S. Hickton on September 1, 2026
Underlying common shares
5,310 shares
Each Stock Credit is exchangeable 1-for-1 into Kennametal common stock
Grant price per Stock Credit
$0.00 per unit
Compensation grant, not a market purchase
Total Stock Credits after transaction
5,310 units
Direct holdings of Stock Credits following the reported grant
Transaction date
September 1, 2026
Date of Stock Credits grant to the director
Key Terms
Stock Credits, change of control, common stock, retirement
4 terms
Stock Credits financial
"The stock credits become payable in common stock"
change of control financial
"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.
common stock financial
"payable in common stock (i) in the event of a change"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
retirement financial
"on the date that the reporting person ceases ... to be a director ("retirement")"
FAQ
What insider transaction did KMT report for Dawne S. Hickton?
Kennametal reported that director Dawne S. Hickton received a grant of 5,310 Stock Credits on September 1, 2026, as a form of deferred equity-based compensation linked 1-for-1 to Kennametal common stock.
How many Kennametal (KMT) stock credits were granted in this Form 4?
The filing shows a grant of 5,310 Stock Credits, with 5,310 underlying shares of Kennametal common stock corresponding to those credits on a 1-for-1 basis.
At what price were the Kennametal (KMT) stock credits granted?
The 5,310 Stock Credits were reported with a transaction price of $0.00 per credit, reflecting that this is a compensation grant rather than a market purchase.
When do Dawne S. Hickton’s Kennametal stock credits become payable?
The stock credits become payable in Kennametal common stock upon a change of control of the company or when Dawne S. Hickton ceases to be a director (retirement), subject to any election she has made about timing after retirement.
Were Dawne S. Hickton’s KMT stock credits granted under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 checkbox is not checked, so no Rule 10b5-1 trading plan is reported in connection with this stock credit grant.
What is Dawne S. Hickton’s reported position in Kennametal stock credits after this grant?
After the September 1, 2026 grant, Dawne S. Hickton is reported as directly holding 5,310 Stock Credits, representing 5,310 underlying shares of Kennametal common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.