Painter Jonathan W 4

What Happened Jonathan W. Painter, a director of Kadant Inc. (KAI), had 129 shares issued to him on April 4, 2026 as the partial vesting/conversion of a restricted stock unit (RSU) award. The Form 4 shows an acquisition of 129 shares via conversion (transaction code M) and a matching disposition entry for 129 shares at $0.00 — reflecting the RSU settlement/delivery rather than an open-market purchase or sale. No cash price or sale proceeds are reported.

Key Details

• Transaction date: April 4, 2026; Form 4 filed April 6, 2026 (timely filing).
• Reported entries: 129 shares acquired (conversion of derivative, code M); 129 shares disposed at $0.00 (derivative).
• Price/Value: No cash price reported; disposal shown at $0.00 (typical for RSU settlement entries).
• Shares owned after transaction: Not specified in the filing.
• Footnote: This represents partial vesting and delivery under an RSU award agreement dated March 11, 2026; remaining shares vest in equal installments on the last day of each Kadant fiscal quarter in 2026, subject to continued service as a director.
• No 10b5-1 or tax-withholding details were reported in this filing.

Context This was an RSU vesting/conversion event (derivative conversion), not an open-market buy or sale. Such transactions commonly reflect compensation vesting and do not necessarily indicate trading intent. The filing appears timely (filed two days after the April 4 transaction).