Bacchus Judith L 4
Research Summary
AI-generated summary
Kennametal VP Judith Bacchus Sells 39,051 Shares
What Happened
Judith L. Bacchus, Vice President of Kennametal Inc. (KMT), sold 39,051 shares of company stock in an open-market/ private sale on February 11, 2026, generating proceeds of approximately $1,570,905. The filing reports a weighted-average sale price of $40.23 per share.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-12 (timely filing).
- Transaction type/code: Sale (S) — open market/private sale.
- Shares sold: 39,051 at a weighted-average price of $40.23; total proceeds ≈ $1,570,905.
- Price range: Shares were sold in multiple trades at prices from $40.225 to $40.285 (reporting person can provide per-trade breakdown on request).
- Ownership after transaction: Not specified in the provided excerpt; footnote notes that disclosed holdings include 2,203.69 shares held in the Kennametal 401(k) Plan.
Context
This was a straight sale of existing shares (not an option exercise or award). Sales by executives can be routine (diversification, personal liquidity, tax planning) and do not by themselves indicate company performance. No 10b5‑1 plan, tax-withholding, or late-filing issues were indicated in the provided filing.