Kadant Inc: director Jonathan W Painter exercised 128 shares

What happened

• Jonathan W Painter, a director, reported an exercise or conversion of derivative securities resulting in acquisition of 128 shares and a simultaneous disposition of 128 shares.
• The filing shows the disposition price as $0.00 and total disposal value as $0.

Key details

• Transaction date: Oct 3, 2026. Transaction code: M (option exercise or conversion).
• Prices and values reported: acquisition price N/A; disposition price $0.00; disposition value $0.
• Shares owned after the transaction: not specified in the filing.
• Footnote F1: represents partial vesting of a restricted stock unit award on Oct 3, 2026 and delivery of shares pursuant to the restricted stock unit award agreement dated Mar 11, 2026. The remainder vests on the last day of the issuer's fourth quarter in fiscal 2026 provided the recipient continues to serve as a director.
• Filing date / accession: filed Oct 5, 2026 (Accession 0001247567-26-000012).

Why it may matter

• The filing shows an exercise or conversion of derivative securities and a simultaneous disposition of the same 128 shares at $0.00.
• A filing does not show why the insider traded or why the company acted.