Kennametal (KMT) Director Sagar A. Patel Receives 4,965-Unit Award

What Happened

• Sagar A. Patel, a director of Kennametal Inc. (KMT), received an award of 4,965 derivative units on 2026-08-15. The Form 4 reports the acquisition price as $0 (award/derivative), so no cash was exchanged at grant.

Key Details

• Transaction date: 2026-08-15; Form 4 filed: 2026-08-18 (Period of Report: 2026-08-14).
• Instrument: Grant / award (derivative) of 4,965 units; reported acquisition price $0.
• Shares owned after the transaction: Not specified in the provided filing details.
• Footnotes: F1 = 1-for-1 conversion; F2 = the stock credits become payable in common stock on January 1, 2029.
• Filing timeliness: No late-filing indicator provided in the supplied data.

Context

• This was an equity award (commonly structured as restricted stock units or similar) rather than an open-market purchase or sale. The units are derivative and will convert 1-for-1 into common shares on Jan 1, 2029, so Patel does not receive tradable shares immediately. Awards like this are typically part of director/employee compensation and do not by themselves indicate a buy or sell decision.