[Form 4] Kennametal Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kennametal Inc. (KMT) insider transactions reported on Form 4 for reporting person Patrick S. Watson, Vice President and CFO. The filing shows purchases and sales executed on 08/15/2025 at a price of $21.02 per share. Mr. Watson purchased 9,576 shares and sold 7,779 shares, leaving reported direct beneficial ownership figures of 56,728.66 shares and 48,949.66 shares in the respective lines. The form also records multiple restricted stock unit (RSU) transactions: newly acquired RSUs totaling 28,613 units across grants, with 19,037 RSUs reported as acquired under transaction code A and other RSU amounts reported under code M; vested/disbursal occurs in three equal annual installments subject to continued employment. The filing is signed by an attorney-in-fact on 08/19/2025.

Positive

• Disclosure completeness: The Form 4 reports purchase, sale, RSU awards, and clarifying explanations including 401(k) holdings and vesting schedule
• RSU grants documented: Time-based vesting and three equal annual installments are explicitly stated, clarifying future dilution timing

Negative

• No material negative events disclosed: The filing contains routine insider transactions and compensation awards without adverse items

Insights

Securities Analyst

TL;DR: Insider executed both purchases and sales on the same date, altering direct holdings modestly while receiving RSU awards subject to time-based vesting.

The Form 4 shows contemporaneous open-market activity: a purchase of 9,576 common shares and a sale of 7,779 shares at $21.02 each on 08/15/2025, which nets to a modest increase in reported holdings on the first line. The report separately documents RSU transactions aggregating to 28,613 units across entries, with 19,037 RSUs reported as acquired under code A and the remainder under code M. RSUs are time-vested and paid in three equal annual installments, indicating future diluted issuance timing tied to continued employment. All figures are reported as direct beneficial ownership; 368.66 shares are held in the company 401(k) plan as noted in the explanations.

Corporate Governance Expert

TL;DR: Officer activity combines compensation-related RSU awards and routine trading; disclosure appears complete and consistent with compensation vesting rules.

The filing combines compensation-related equity grants and market transactions. The presence of multiple RSU entries with time-based vesting aligns with standard executive compensation practice and the explanation clarifies a 1-for-1 conversion and three-year disbursement schedule. Separate buy and sell transactions at the same $21.02 price on 08/15/2025 are disclosed with resulting ownership levels provided. The form is signed by an attorney-in-fact and includes the customary note about shares held in the 401(k) plan. Based on the filing alone, disclosures meet Section 16 reporting norms without additional qualifiers in the document.

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

Watson Patrick S

(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 and CFO

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		9,576	A	$21.02	56,728.66(1)	D
Common Stock	08/15/2025		F		7,779	D	$21.02	48,949.66(1)	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	(2)	08/15/2025		M			2,018	(3)	(3)	Common Stock	2,018	$0	0	D
Restricted Stock Units	(2)	08/15/2025		M			3,078	(3)	(3)	Common Stock	3,078	$0	3,078	D
Restricted Stock Units	(2)	08/15/2025		M			4,480	(3)	(3)	Common Stock	4,480	$0	8,960	D
Restricted Stock Units	(2)	08/15/2025		A		19,037		(3)	(3)	Common Stock	19,037	$0	19,037	D

Explanation of Responses:

1. Includes 368.66 shares of common stock held in the Kennametal Inc. 401(k) Plan

2. 1 for 1

3. 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 Patrick Watson	08/19/2025
	** 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).
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.

FAQ

What transactions did Patrick S. Watson report on the KMT Form 4?

He purchased 9,576 common shares and sold 7,779 common shares on 08/15/2025, each at $21.02 per share, and reported RSU transactions.

How many restricted stock units (RSUs) were reported for KMT in this filing?

RSU entries total 28,613 units across the transactions: 2,018; 3,078; 4,480; and 19,037 units as reported in Table II.

Are the RSUs subject to vesting for KMT insider grants?

Yes. The RSUs are time-based and disbursed in three equal annual installments commencing on the first anniversary of the grant date, subject to continued employment.

Does the Form 4 indicate any indirect ownership or 401(k) holdings?

Yes. The explanation states 368.66 shares are held in the Kennametal Inc. 401(k) Plan and all reported holdings on the form are direct beneficial ownership.

When was the Form 4 signed and who signed it?

The form is signed by Michelle R. Keating as attorney-in-fact for Patrick Watson on 08/19/2025.