Kennametal SEC Filings

Kennametal Inc. (KMT) reporting person Michelle R. Keating, identified as an officer (Vice President), reported a transaction dated 10/01/2025 on Form 4. The filing discloses an acquisition of 21,378 restricted stock units (RSUs) issued 1-for-1 and treated as a grant with a $0 per-unit price. Following the reported transaction, Ms. Keating beneficially owns 21,378 shares of common stock on a direct basis. The RSUs are time‑based and will be disbursed on the first anniversary of the grant date. The form is signed and dated 10/03/2025.

Sanjay K. Chowbey, who serves as President and CEO and a Director of Kennametal Inc. (KMT), received a grant of 44,712 restricted stock units on 10/01/2025. The award is a 1-for-1 grant and is recorded at a $0 purchase price, with the units subject to time-based vesting and scheduled to be disbursed on the first anniversary of the grant date. After the transaction the reporting person beneficially owns 44,712 shares directly. The Form 4 was signed on behalf of the reporting person and filed on 10/03/2025.

Kennametal Inc. (KMT) reporting person Judith L. Bacchus, identified as a Vice President, acquired 20,364 restricted stock units (RSUs) on 10/01/2025. The RSUs were granted on a 1-for-1 basis and are time‑based, with disbursement scheduled on the first anniversary of the grant date. The reported holding after the transaction is 20,364 shares beneficially owned directly, and the Form 4 was signed by an attorney‑in‑fact on 10/03/2025. The filing shows no cash price paid for the RSUs and no derivative or sale activity disclosed.

Kennametal Inc. reported roughly flat sales of $2.0 billion for Fiscal 2025 versus Fiscal 2024 while net income attributable to the company declined to $93.1 million from $109.3 million a year earlier. EBITDA for Fiscal 2025 was $285 million (14.5% margin) and Adjusted EBITDA was $299 million (15.2% margin), both modestly below Fiscal 2024. Return on Invested Capital fell to 6.2% (Adjusted ROIC 6.8%) from 7.0% (Adjusted 7.6%). Primary working capital increased to $638 million and PWCPS remained near 32%. The proxy discloses governance practices including a declassified board, separate CEO and chairman roles, strong stock ownership guidelines, prohibitions on hedging/pledging, annual committee evaluations, and equity program design with PSUs and RSUs linked to Adjusted ROIC and Average Adjusted EBITDA Margin.

Kennametal (KMT) insider C. David Bersaglini, a Vice President, reported changes in beneficial ownership on Form 4. On 08/29/2025 the filing shows an acquisition of 3,350 restricted stock units (reported in Table II) that convert 1-for-1 into common shares and are disbursed in three equal annual installments beginning on the first anniversary of the grant, subject to continued employment. The same date shows 3,350 common shares acquired (Table I, code M) and 1,688 common shares disposed (Table I, code F) at a price of $21.43 per share. After these transactions the reporter beneficially owned 6,067 common shares per Table I and 6,700 shares underlying RSUs per Table II. The form is signed by an attorney-in-fact on behalf of the reporting person.

Shelley J. Bausch, a director of Kennametal Inc. (KMT), acquired 991.138 stock credits on 08/26/2025 at a reported price of $21.44 per share. The stock credits convert 1-for-1 into common stock if there is a change of control or upon the reporting persons retirement, unless she elects earlier conversion after retirement. Following the transaction, the reporting person beneficially owned 8,752.455 shares, which includes 74.813 stock credits from the Kennametal Inc. Stock Incentive Plan of 2002 and 6.078 stock credits from the Directors Stock Incentive Plan. The Form 4 was signed by an attorney-in-fact on 08/27/2025.

Douglas T. Dietrich, a director of Kennametal Inc. (KMT), reported acquiring 991.138 stock credits on 08/26/2025 at an attributable price of $21.44 per share, resulting in beneficial ownership of 8,595.952 shares. The filing explains the credits are 1-for-1 and become payable in common stock upon a change of control or when the director retires (unless he elects immediate conversion after retirement). The reported total includes 64.347 stock credits from the Kennametal Stock Incentive Plan dividend reinvestment feature and 15.098 credits from the Directors Stock Incentive Plan reinvestment. The Form 4 was executed by an attorney-in-fact and dated 08/27/2025.

Kennametal Inc. (KMT) director Steven H. Wunning reported an open-market purchase of 1,164 shares of Kennametal common stock on 08/26/2025 at a price of $21.44 per share. After the transaction, Mr. Wunning beneficially owned 91,227 shares. The Form 4 was filed as a single reporting person filing and was signed by Michelle R. Keating as attorney-in-fact on 08/27/2025. The filing shows a non-derivative acquisition and contains no derivative transactions or additional explanatory text.

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.