Patel Sagar A 4

What Happened

• Sagar A. Patel, a director of Kennametal Inc. (KMT), sold 29,498.608 shares in open-market transactions on June 8, 2026. The filing reports a weighted-average sale price of $33.50 per share for aggregate proceeds of $988,203. This was a sale (not a purchase), which is commonly routine insider selling rather than a direct signal of company outlook.

Key Details

• Transaction date: 2026-06-08 (reported on Form 4 filed 2026-06-09).
• Reported price: weighted average $33.50; sales occurred at prices ranging from $33.27 to $33.51 (per footnote).
• Shares sold: 29,498.608; Proceeds: $988,203 (aggregate).
• Shares owned after transaction: not specified in this Form 4.
• Footnote: weighted-average price reflects multiple trades; the reporting person can provide the share count at each price upon request.
• Timeliness: filing appears timely (reported the day after the transaction); no 10b5-1 plan, tax withholding, gift, or option exercise indicated.

Context

• This was an outright sale of existing shares in the open market. Sales by directors can be routine (portfolio rebalancing, liquidity needs, planned sales) and do not by themselves prove a change in sentiment. Retail investors should combine this data point with other insider activity and company fundamentals when evaluating stock signals.