DIETRICH DOUGLAS T 4

What Happened
Douglas T. Dietrich, a director of Kennametal Inc. (KMT), was granted 642.145 stock credits (reported as a derivative award) on February 24, 2026. The award was reported at a price of $40.10 per share, with a reported aggregate value of approximately $25,750. This filing reflects an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-24; filing date: 2026-02-26. Filing appears timely for a director report.
• Shares/credits awarded: 642.145 stock credits at $40.10 each; aggregate value ~$25,750.
• Post-transaction shares owned: Not specified in the reported items.
• Footnotes of note:
  • F1: 1-for-1 conversion (stock credits convert 1 for 1 to common stock).
  • F2: Stock credits become payable in common stock on a change of control or upon the director’s retirement (unless the director elects to receive the stock earlier).
  • F3: The reported total includes 34.981 stock credits from the Stock Incentive Plan dividend reinvestment feature and 17.642 stock credits from the Directors Stock Incentive Plan dividend reinvestment feature; the company also maintains a separate shareholder dividend reinvestment plan that satisfies Rule 16a-11.
• Transaction type: Award/Grant of derivative stock credits (code A).

Context
This was a compensation-related award (derivative stock credits) rather than a market buy or sale. Such awards are common for directors as part of compensation and do not necessarily signal the director buying or selling shares for investment reasons. The stock credits will convert to common shares under the conditions noted (change of control or retirement), unless the director elects earlier conversion.