Keating Michelle R 4

What Happened
Michelle R. Keating, Vice President of Kennametal Inc. (KMT), sold 24,617 shares of Kennametal common stock in an open-market transaction on February 11, 2026. The shares were sold at a weighted-average price of $40.22 per share (range $40.105–$40.37), producing proceeds of approximately $990,194. This filing reports a sale (insider liquidity) rather than a purchase.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-12 (timely; Form 4 is due within two business days).
• Sale type/code: Open-market sale (S).
• Shares sold: 24,617 at a weighted-average price of $40.22; price range reported: $40.105–$40.37 (footnote F1).
• Proceeds: ~$990,194.
• Shares owned after transaction: Not specified in the excerpt provided; footnote F2 notes 70.83 shares are held in the Kennametal 401(k) Plan and are included in reported holdings.
• Notable footnotes: F1 explains the reported price is a weighted average across multiple trades and that the filer will provide a per-trade breakdown on request; F2 discloses inclusion of 70.83 shares in the company 401(k). No 10b5-1 plan or other special instruction was disclosed in the provided information.

Context

• Sales by executives are common and can reflect routine liquidity or diversification; they are generally considered less informative about future company performance than insider purchases.
• No option exercise, gift, or award was reported here—this was a straightforward open-market sale.