Accepted (ET)
1:07 PM
Sep 9, 2026
Filed
Sep 9, 2026
Documents
1
Size
5.4 KB
Summary
Kennametal (KMT) VP Judith Bacchus Sells 9,676 Shares
What Happened
Judith L. Bacchus, a Vice President of Kennametal Inc. (KMT), sold 9,676 shares of Kennametal common stock in an open-market transaction on September 8, 2026. The reported weighted-average sale price was $30.29 per share, for gross proceeds of approximately $293,115. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-09-08; Form 4 filed: 2026-09-09 (appears timely).
- Price reported (weighted average): $30.29 per share; sale price range across trades: $30.29 to $30.351 (footnote F1).
- Shares sold: 9,676; estimated gross proceeds: ~$293,115.
- Post-transaction holdings: filing does not state a total holding figure; footnote F2 notes 2,270.82 shares are held in the Kennametal 401(k) Plan.
- Footnotes: F1 explains the weighted-average price and that the reporter can provide a breakdown of shares sold at each price; F2 flags 401(k) plan shares.
- No 10b5-1 plan, tax-withholding, gift, or option-exercise code was disclosed in the provided details.
Context
Open-market insider sales are common and can reflect many reasons (diversification, tax planning, liquidity needs) and do not necessarily signal a change in view about the company. Because this transaction is a straightforward sale (not an exercise or award) and no special plan was noted, interpret it as routine insider selling unless further filings or disclosures indicate otherwise.