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KADANT INC·4

Mar 12, 7:25 AM ET

Powell Jeffrey L 4

4 · KADANT INC · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Kadant CEO Jeffrey Powell Receives RSU Vesting, Sells Shares

What Happened

  • Jeffrey L. Powell, President, CEO and a director of Kadant Inc. (KAI), had multiple RSU tranches vest on March 10, 2026. A total of 11,536 shares were issued on vesting (conversion of RSUs to common stock).
  • To satisfy tax withholding/exercise obligations, 5,582 shares were withheld/disposed at $334.17 per share for a total of $1,865,337. After withholding, Powell netted 5,954 shares from the vesting event.
  • These were vesting/settlement transactions (not open-market purchases or optional cash sales); the disposals were routine tax-withholding.

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely).
  • Gross shares issued on vesting: 11,536 shares (combined from multiple RSU awards).
  • Shares withheld/disposed to cover taxes/exercise price: 5,582 shares at $334.17/share, totaling $1,865,337.
  • Net new shares to Powell after withholding: 5,954 shares.
  • Footnotes: These shares represent one‑third tranches that vested on March 10, 2026 from RSU awards granted on March 7, 2023 (performance and time-based), March 6, 2024 (performance and time-based), and March 4, 2025 (performance and time-based). Each vested portion converted one‑for‑one into common stock.
  • Filing timeliness: No late filing indicated in the Form 4.

Context

  • These transactions are vesting/settlement events (code M for conversion/exercise of derivative; code F for tax withholding). The disposals here were to satisfy tax withholding obligations — a routine administrative step and not an open-market sale expressing investment view.
  • For retail investors: vesting increases insider share ownership (net +5,954 shares). Routine tax-withholding sales are common and do not necessarily signal buying or selling sentiment by the insider.

Insider Transaction Report

Form 4
Period: 2026-03-10
KADANT INCKAI
Powell Jeffrey L
DirectorPresident & CEO
Transactions
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh−1,051$351,213→ 60,657 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+4,257→ 59,252 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh−2,059$688,056→ 57,193 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-10+813→ 58,006 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh−394$131,663→ 57,612 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-03-10+3,009→ 60,621 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh−1,455$486,217→ 59,166 total
  • Exercise/Conversion

    Common Stock

    [F4]
    2026-03-10+718→ 59,884 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh−348$116,291→ 59,536 total
  • Exercise/Conversion

    Common Stock

    [F5]
    2026-03-10+2,172→ 61,708 total
  • Exercise/Conversion

    Common Stock

    [F6]
    2026-03-10+567→ 61,224 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh−275$91,897→ 60,949 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1]
    2026-03-10−4,257→ 0 total
    Exercise: $0.00Exp: 2026-04-30→ Common Stock (4,257 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F2]
    2026-03-10−813→ 0 total
    Exercise: $0.00Exp: 2026-04-30→ Common Stock (813 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3]
    2026-03-10−3,009→ 3,009 total
    Exercise: $0.00Exp: 2027-04-30→ Common Stock (3,009 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F4]
    2026-03-10−718→ 717 total
    Exercise: $0.00Exp: 2027-04-30→ Common Stock (718 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F5]
    2026-03-10−2,172→ 4,344 total
    Exercise: $0.00Exp: 2028-04-30→ Common Stock (2,172 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F6]
    2026-03-10−567→ 1,132 total
    Exercise: $0.00Exp: 2028-04-30→ Common Stock (567 underlying)
Footnotes (6)
  • [F1]The shares represent the partial settlement under a performance-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F2]The shares represent the partial settlement under a time-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F3]The shares represent the partial settlement under a performance-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F4]The shares represent the partial settlement under a time-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F5]The shares represent the partial settlement under a performance-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F6]The shares represent the partial settlement under a time-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
Signature
/s/ Stacy D. Krause, by power of attorney|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773314700.xmlPrimary

    FORM 4