KADANT INC: director John M Albertine exercised 128 shares

What happened John M Albertine, a director, reported exercise or conversion of a derivative resulting in acquisition of 128 shares on Oct 3, 2026. The filing also reports a derivative disposition of 128 shares at $0.00 on the same date. The filing lists the disposition value as $0.00 and the acquisition price as N/A.

Key details

• Transaction date and price: Oct 3, 2026; acquisition price N/A; disposition price $0.00; transaction code M (exercise or conversion of a derivative).
• Shares owned after the transaction: not reported in the filing.
• Footnote: partial vesting of a restricted stock unit award on Oct 3, 2026 and delivery of shares pursuant to an RSU award agreement dated Mar 11, 2026; the remainder vests on the last day of the issuer's 4th quarter in fiscal 2026 provided the recipient continues to serve as a director.
• Filing date: Oct 5, 2026 (the Form 4 was filed Oct 5, 2026).

Why it may matter The filing shows conversion or exercise of a derivative and simultaneous delivery/disposition of 128 shares at $0.00, and the footnote states the transaction reflects partial vesting and delivery of restricted stock units rather than a market purchase. This filing does not show why the insider traded or why the company acted.