Jeffrey L. Powell - 10 Mar 2025 Form 4 Insider Report for KADANT INC (KAI)

Role
President & CEO, Director
Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
10 Mar 2025
Net transactions value
-$2,231,381
Form type
4
Filing time
10 Mar 2025, 08:21:42 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 +2,836 +5.8% 51,503 10 Mar 2025 Direct F1
transaction KAI Common Stock Tax liability $516,092 -1,372 -2.7% $376.16 50,131 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +627 +1.3% 50,758 10 Mar 2025 Direct F2
transaction KAI Common Stock Tax liability $114,353 -304 -0.6% $376.16 50,454 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +4,257 +8.4% 54,711 10 Mar 2025 Direct F3
transaction KAI Common Stock Tax liability $774,513 -2,059 -3.8% $376.16 52,652 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +813 +1.5% 53,465 10 Mar 2025 Direct F4
transaction KAI Common Stock Tax liability $148,207 -394 -0.74% $376.16 53,071 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +3,009 +5.7% 56,080 10 Mar 2025 Direct F5
transaction KAI Common Stock Tax liability $547,313 -1,455 -2.6% $376.16 54,625 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +718 +1.3% 55,343 10 Mar 2025 Direct F6
transaction KAI Common Stock Tax liability $130,904 -348 -0.63% $376.16 54,995 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 -2,836 -100% $0.000000 0 10 Mar 2025 Common Stock 2,836 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -627 -100% $0.000000 0 10 Mar 2025 Common Stock 627 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -4,257 -50% $0.000000 4,257 10 Mar 2025 Common Stock 4,257 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -813 -50% $0.000000 813 10 Mar 2025 Common Stock 813 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -3,009 -33% $0.000000 6,018 10 Mar 2025 Common Stock 3,009 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -718 -33% $0.000000 1,435 10 Mar 2025 Common Stock 718 $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.