Kennametal (KMT) Director William M. Lambert Exercises 6,092 Shares

What Happened

• William M. Lambert, a director of Kennametal Inc. (KMT), exercised derivative awards on August 14, 2026 to acquire 6,092 shares at an exercise price of $31.22 per share, for a total cost of $190,192.
• The filing also shows 186 shares were surrendered/withheld to cover exercise price or tax liability (reported as a disposition under code F) at the same $31.22 value (≈ $5,807).
• Additional derivative exercises/conversions are reported that show dispositions of 1,860; 1,933; and 2,299 shares at $0.00 (no cash amount reported). A prior grant of 4,965 restricted stock units (RSUs) from Aug 15, 2025 is noted and is subject to time-based vesting.

Key Details

• Transaction dates: Primary activity on 2026-08-14 (report filed 2026-08-18).
• Prices and totals: 6,092 shares acquired at $31.22 ($190,192); 186 shares withheld at $31.22 (≈ $5,807). Other reported derivative dispositions show $0.00 cash reported.
• Shares owned after transaction: Not specified in the data provided in this summary / not disclosed here.
• Footnotes: F1 indicates 1-for-1 treatment; F2 notes RSUs vest in three equal installments beginning one year after grant.
• Filing timeliness: Report was filed on Aug 18, 2026 for trades dated Aug 14, 2026 — this appears to be a timely Form 4 filing (within the standard two business days).

Context

• These entries reflect exercises/conversions of derivative awards and tax withholding rather than open-market buys or sales. The 186-share entry under code F is a tax/price-withholding transaction.
• Several exercises are reported with $0 cash value; the filing does not show market sales of the exercised shares, so no immediate open-market sale proceeds are reported.
• As always, option exercises and RSU conversions are routine executive compensation events and do not by themselves indicate the insider’s view of the company’s stock beyond acquiring/vesting shares.