Colwell Michael C. 4
4 · KADANT INC · Filed Mar 5, 2025
Insider Transaction Report
Form 4
KADANT INCKAI
Colwell Michael C.
Senior Vice President
Transactions
- Award
Restricted Stock Unit
2025-03-04+978→ 978 totalExercise: $0.00Exp: 2028-04-30→ Common Stock (978 underlying) - Award
Restricted Stock Unit
2025-03-04+244→ 244 totalExercise: $0.00Exp: 2028-04-30→ Common Stock (244 underlying)
Holdings
- 2,148
Common Stock
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installments beginning on March 10, 2026, provided that the Issuer meets certain performance requirements for fiscal 2025 and the reporting person is employed by the Issuer on the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount.
- [F2]This RSU vests and becomes exercisable in three annual installments beginning on March 10, 2026, provided the reporting person is employed by the Issuer on the vesting date.