Dara F. Mitchell - 04 Mar 2025 Form 4 Insider Report for KADANT INC (KAI)

Role
Senior VP, Corp. Development
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
04 Mar 2025
Net transactions value
$0
Form type
4
Filing time
05 Mar 2025, 08:30:06 UTC
Previous filing
19 Nov 2024
Next filing
10 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KAI Common Stock 337 04 Mar 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KAI Restricted Stock Unit Award $0 +851 $0.000000 851 04 Mar 2025 Common Stock 851 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Award $0 +213 $0.000000 213 04 Mar 2025 Common Stock 213 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 89 shares acquired in an exempt transaction purusant to the Issuer's Employees' Stock Purchase Plan on December 31, 2024.
F2 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installments beginning on March 10, 2026, provided that the Issuer meets certain performance requirements for fiscal 2025 and the reporting person is employed by the issuer on the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount.
F3 This RSU vests and becomes exercisable in three annual installments beginning on March 10, 2026, provided the reporting person is employed by the Issuer on the vesting date.