Kennametal (KMT) insider files Form 4 showing RSU grants and trades

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

Financial Analyst

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.

Corporate Governance Expert

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.

SEC Form 4

FORM 4

UNITED 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

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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^*

Reilly Carlonda R.

(Last) (First) (Middle)

525 WILLIAM PENN PLACE

33RD FLOOR

(Street)

PITTSBURGH PA 15219

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KENNAMETAL INC [ KMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/15/2025		M		6,997	A	$21.02	57,657	D
Common Stock	08/15/2025		F		4,419	D	$21.02	53,238	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/15/2025		M			2,066	(2)	(2)	Common Stock	2,066	$0	0	D
Restricted Stock Units	(1)	08/15/2025		M			2,386	(2)	(2)	Common Stock	2,386	$0	2,386	D
Restricted Stock Units	(1)	08/15/2025		M			2,545	(2)	(2)	Common Stock	2,545	$0	5,090	D
Common Stock	(1)	08/15/2025		A			9,407	(2)	(2)	Common Stock	9,407	$0	9,407	D

Explanation of Responses:

1. 1 for 1

2. 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

	Michelle R. Keating, as attorney-in-fact for Carlonda Reilly	08/18/2025
	** Signature of Reporting Person	Date
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).
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FAQ

What transactions did KMT insider Carlonda Reilly report on 08/15/2025?

The Form 4 reports a purchase of 6,997 shares at $21.02 and a sale of 4,419 shares at $21.02 on 08/15/2025.

How many shares does Carlonda Reilly beneficially own after these transactions?

The filing shows 53,238 shares beneficially owned directly following the reported transactions.

What RSU or derivative activity is disclosed in the Form 4 for KMT?

The Form 4 lists multiple restricted stock units (RSUs) totaling entries of 2,066; 2,386; and 2,545, plus a reported common stock amount of 9,407 related to derivative/RSU activity, with RSUs vesting in three equal annual installments.

At what price were the open-market trades executed?

Both the purchase and the sale on 08/15/2025 are reported at a price of $21.02 per share.

Who signed the Form 4 on behalf of the reporting person?

The Form 4 was signed by Michelle R. Keating, as attorney-in-fact for Carlonda Reilly on 08/18/2025.