Fredrik H. Westerhout - 10 Mar 2025 Form 4 Insider Report for KADANT INC (KAI)

Role
Vice President
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
10 Mar 2025
Net transactions value
-$318,231
Form type
4
Filing time
10 Mar 2025, 08:15:16 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 +383 +27% 1,820 10 Mar 2025 Direct F1
transaction KAI Common Stock Tax liability $71,470 -190 -10% $376.16 1,630 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +84 +5.2% 1,714 10 Mar 2025 Direct F2
transaction KAI Common Stock Tax liability $15,799 -42 -2.5% $376.16 1,672 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +583 +35% 2,255 10 Mar 2025 Direct F3
transaction KAI Common Stock Tax liability $108,710 -289 -13% $376.16 1,966 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +111 +5.6% 2,077 10 Mar 2025 Direct F4
transaction KAI Common Stock Tax liability $20,689 -55 -2.6% $376.16 2,022 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +439 +22% 2,461 10 Mar 2025 Direct F5
transaction KAI Common Stock Tax liability $82,003 -218 -8.9% $376.16 2,243 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +105 +4.7% 2,348 10 Mar 2025 Direct F6
transaction KAI Common Stock Tax liability $19,560 -52 -2.2% $376.16 2,296 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 -383 -100% $0.000000 0 10 Mar 2025 Common Stock 383 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -84 -100% $0.000000 0 10 Mar 2025 Common Stock 84 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -583 -50% $0.000000 583 10 Mar 2025 Common Stock 583 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -111 -50% $0.000000 111 10 Mar 2025 Common Stock 111 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -439 -33% $0.000000 876 10 Mar 2025 Common Stock 439 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -105 -33% $0.000000 209 10 Mar 2025 Common Stock 105 $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.