Thomas Andrew Blanchard - 10 Mar 2025 Form 4 Insider Report for KADANT INC (KAI)

Signature
/s/ Stacy D. Krause, by power of attorney
Issuer symbol
KAI
Transactions as of
10 Mar 2025
Net transactions value
-$137,298
Form type
4
Filing time
10 Mar 2025, 08:25:13 UTC
Previous filing
05 Mar 2025
Next filing
20 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +260 +18% 1,669 10 Mar 2025 Direct F1
transaction KAI Common Stock Tax liability $30,093 -80 -4.8% $376.16 1,589 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +57 +3.6% 1,646 10 Mar 2025 Direct F2
transaction KAI Common Stock Tax liability $6,771 -18 -1.1% $376.16 1,628 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +411 +25% 2,039 10 Mar 2025 Direct F3
transaction KAI Common Stock Tax liability $47,396 -126 -6.2% $376.16 1,913 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +79 +4.1% 1,992 10 Mar 2025 Direct F4
transaction KAI Common Stock Tax liability $9,404 -25 -1.3% $376.16 1,967 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +303 +15% 2,270 10 Mar 2025 Direct F5
transaction KAI Common Stock Tax liability $34,983 -93 -4.1% $376.16 2,177 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +73 +3.4% 2,250 10 Mar 2025 Direct F6
transaction KAI Common Stock Tax liability $8,652 -23 -1% $376.16 2,227 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 -260 -100% $0.000000 0 10 Mar 2025 Common Stock 260 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -57 -100% $0.000000 0 10 Mar 2025 Common Stock 57 $0.000000 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -411 -50% $0.000000 411 10 Mar 2025 Common Stock 411 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -79 -50% $0.000000 78 10 Mar 2025 Common Stock 79 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -303 -33% $0.000000 606 10 Mar 2025 Common Stock 303 $0.000000 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -73 -34% $0.000000 144 10 Mar 2025 Common Stock 73 $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.