Dara F. Mitchell - 10 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
10 Mar 2025
Net transactions value
-$286,258
Form type
4
Filing time
10 Mar 2025, 08:22:42 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 +397 +118% 734 10 Mar 2025 Direct F1
transaction KAI Common Stock Tax liability $72,223 -192 -26% $376.16 542 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +88 +16% 630 10 Mar 2025 Direct F2
transaction KAI Common Stock Tax liability $16,175 -43 -6.8% $376.16 587 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +509 +87% 1,096 10 Mar 2025 Direct F3
transaction KAI Common Stock Tax liability $92,912 -247 -23% $376.16 849 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +97 +11% 946 10 Mar 2025 Direct F4
transaction KAI Common Stock Tax liability $17,680 -47 -5% $376.16 899 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +385 +43% 1,284 10 Mar 2025 Direct F5
transaction KAI Common Stock Tax liability $70,342 -187 -15% $376.16 1,097 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +92 +8.4% 1,189 10 Mar 2025 Direct F6
transaction KAI Common Stock Tax liability $16,927 -45 -3.8% $376.16 1,144 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 -397 -100% $0.000000 0 10 Mar 2025 Common Stock 397 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -88 -100% $0.000000 0 10 Mar 2025 Common Stock 88 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -509 -50% $0.000000 508 10 Mar 2025 Common Stock 509 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -97 -50% $0.000000 97 10 Mar 2025 Common Stock 97 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -385 -33% $0.000000 769 10 Mar 2025 Common Stock 385 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -92 -33% $0.000000 183 10 Mar 2025 Common Stock 92 $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.