Michael J. Mckenney - 10 Mar 2025 Form 4 Insider Report for KADANT INC (KAI)

Role
Executive Vice President & CFO
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
10 Mar 2025
Net transactions value
-$691,006
Form type
4
Filing time
10 Mar 2025, 08:12:22 UTC
Previous filing
05 Mar 2025
Next filing
10 Mar 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +937 +8.6% 11,876 10 Mar 2025 Direct F1
transaction KAI Common Stock Tax liability $170,777 -454 -3.8% $376.16 11,422 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +207 +1.8% 11,629 10 Mar 2025 Direct F2
transaction KAI Common Stock Tax liability $37,992 -101 -0.87% $376.16 11,528 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +1,253 +11% 12,781 10 Mar 2025 Direct F3
transaction KAI Common Stock Tax liability $227,953 -606 -4.7% $376.16 12,175 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +239 +2% 12,414 10 Mar 2025 Direct F4
transaction KAI Common Stock Tax liability $43,635 -116 -0.93% $376.16 12,298 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +933 +7.6% 13,231 10 Mar 2025 Direct F5
transaction KAI Common Stock Tax liability $170,024 -452 -3.4% $376.16 12,779 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +223 +1.7% 13,002 10 Mar 2025 Direct F6
transaction KAI Common Stock Tax liability $40,625 -108 -0.83% $376.16 12,894 10 Mar 2025 Direct

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 Options Exercise $0 -937 -100% $0.000000 0 10 Mar 2025 Common Stock 937 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -207 -100% $0.000000 0 10 Mar 2025 Common Stock 207 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -1,253 -50% $0.000000 1,253 10 Mar 2025 Common Stock 1,253 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -239 -50% $0.000000 239 10 Mar 2025 Common Stock 239 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -933 -33% $0.000000 1,866 10 Mar 2025 Common Stock 933 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -223 -33% $0.000000 445 10 Mar 2025 Common Stock 223 $0.000000 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent the partial settlement under a performance-based RSU award granted March 8, 2022. One-third of the RSU vested and became distributable on March 10, 2025 and was converted to common stock on a one-for-one basis on the vesting date.
F2 The shares represent the partial settlement under a time-based RSU award granted March 8, 2022. One-third of the RSU vested and became distributable on March 10, 2025 and was converted to common stock on a one-for-one basis on the vesting date.
F3 The shares represent the partial settlement under a performance-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2025 and was converted to common stock on a one-for-one basis on the vesting date.
F4 The shares represent the partial settlement under a time-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2025 and was converted to common stock on a one-for-one basis on the vesting date.
F5 The shares represent the partial settlement under a performance-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2025 and was converted to common stock on a one-for-one basis on the vesting date.
F6 The shares represent the partial settlement under a time-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2025 and was converted to common stock on a one-for-one basis on the vesting date.