KMT Form 4: VP Carlonda Reilly buys 6,997 shares at $21.02
Carlonda Reilly, a Vice President of Kennametal Inc. (KMT), reported multiple transactions dated 08/15/2025.
Rhea-AI Filing Summary
Carlonda Reilly, a Vice President of Kennametal Inc. (KMT), reported multiple transactions dated 08/15/2025. The Form 4 shows an open-market purchase of 6,997 shares at $21.02 per share and a disposition of 4,419 shares at the same price, leaving 53,238 shares beneficially owned directly after those trades. The filing also records several restricted stock unit (RSU) entries and a reported grant/conversion of 9,407 common shares tied to derivative/RSU activity. The RSUs are time-based and vest in three equal annual installments beginning on the first anniversary of the grant, subject to continued employment. The form is signed by an attorney-in-fact on behalf of Ms. Reilly.
Positive
- Officer increased direct ownership via a purchase of 6,997 shares at $21.02, showing insider accumulation
- RSU awards documented with clear vesting terms (three equal annual installments), providing transparency on compensation
Negative
- Concurrent sale of 4,419 shares on the same date reduced holdings, which may prompt investor questions about timing
- Form 4 records equity issuance/conversion (9,407 shares) tied to RSUs/derivative activity, which increases outstanding share-based claims
Insights
TL;DR: Officer-level buy and concurrent sell with RSU grants; net direct share increase documented, modest near-term impact on capital structure.
The filing shows an officer executed both a purchase (6,997 shares at $21.02) and a sale (4,419 shares at $21.02) on 08/15/2025, resulting in reported direct beneficial ownership of 53,238 shares. Additionally, multiple restricted stock unit entries and a conversion/grant of 9,407 common shares are recorded, with RSUs subject to standard time-based vesting in three annual installments. For investors, this is an insider activity disclosure reflecting compensation-related equity issuance and routine trading rather than a material change to corporate strategy or financing.
TL;DR: Disclosure is compliant and detailed; RSU vesting terms are standard and transactions are documented under Section 16 filing rules.
The Form 4 includes required details: transaction codes, prices ($21.02), quantities, and post-transaction beneficial ownership. The RSU explanatory note clarifies 1-for-1 conversion and time-based vesting over three years, which aligns with common executive compensation practices. The filing was executed by an attorney-in-fact and contains the signature and date, meeting procedural requirements for insider reporting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,066 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,386 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,545 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,407 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,997 | $21.02 | $147K |
| Exercise Price or Tax Liability | Common Stock | 4,419 | $21.02 | $93K |
Footnotes (2)
- F1. 1 for 1
- F2. Restricted stock units are subject to time-based vesting and are disbursed in three equal annual installments commencing on the first anniversary date of the grant date, subject to continued employment with the company
FAQ
What transactions did KMT insider Carlonda Reilly report on 08/15/2025?
What RSU or derivative activity is disclosed in the Form 4 for KMT?
At what price were the open-market trades executed?
Who signed the Form 4 on behalf of the reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.