ALBERTINE JOHN M 4

What Happened John M. Albertine, a director of Kadant Inc. (KAI), was granted 513 restricted stock units (RSUs) on 2026-03-11. The Form 4 reports the award as a derivative acquisition with an acquisition price of $0 (no cash paid). This is an equity compensation award (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-03-11; filing date: 2026-03-12 (filed timely).
• Transaction type/code: Award/Grant (A); 513 RSUs reported at $0 acquisition price.
• Shares owned after transaction: not specified in this filing.
• Footnote: Each RSU represents the right to one share; RSUs vest in equal installments on the last day of each quarter of fiscal 2026, provided the recipient continues to serve as a director.
• Derivative note: RSUs are a derivative award that convert into common shares only upon vesting; no immediate change in common‑stock ownership until settlement.

Context Director RSU grants are a routine form of compensation and do not necessarily indicate immediate insider buying or selling. For investors, the grant signals ongoing compensation alignment with shareholders but does not create tradable shares until each RSU vests and is settled (and may be subject to tax withholding at that time).