Peter J. Flynn - 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
-$50,405
Form type
4
Filing time
10 Mar 2025, 08:26:08 UTC
Previous filing
15 Aug 2024
Next filing
13 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +127 +3.3% 4,030 10 Mar 2025 Direct F1, F2
transaction KAI Common Stock Tax liability $18,432 -49 -1.2% $376.16 3,981 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +28 +0.7% 4,009 10 Mar 2025 Direct F3
transaction KAI Common Stock Tax liability $4,138 -11 -0.27% $376.16 3,998 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +164 +4.1% 4,162 10 Mar 2025 Direct F4
transaction KAI Common Stock Tax liability $23,322 -62 -1.5% $376.16 4,100 10 Mar 2025 Direct
transaction KAI Common Stock Options Exercise +31 +0.76% 4,131 10 Mar 2025 Direct F5
transaction KAI Common Stock Tax liability $4,514 -12 -0.29% $376.16 4,119 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 -127 -100% $0.000000 0 10 Mar 2025 Common Stock 127 $0.000000 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -28 -100% $0.000000 0 10 Mar 2025 Common Stock 28 $0.000000 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -164 -50% $0.000000 162 10 Mar 2025 Common Stock 164 $0.000000 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -31 -50% $0.000000 31 10 Mar 2025 Common Stock 31 $0.000000 Direct F5
* 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 Includes 46 shares acquired in an exempt transaction purusant to the Issuer's Employees' Stock Purchase Plan on December 31, 2024.
F3 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.
F4 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.
F5 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.