Kennametal (KMT) VP Michelle Keating Sells 20,000 Shares

What Happened

• Michelle R. Keating, Vice President of Kennametal Inc. (KMT), sold 20,000 shares in an open-market/private sale on September 4, 2026. The reported weighted-average price was $30.54 per share for a total reported transaction value of $610,720. The shares were sold in multiple trades at prices ranging from $30.485 to $30.64.

Key Details

• Transaction date: 2026-09-04 (reported on Form 4 filed 2026-09-08)
• Transaction type/code: Sale (S) — open market or private sale
• Reported weighted-average price: $30.54; reported price range: $30.485–$30.64 (sold in multiple transactions)
• Reported total proceeds: $610,720
• Shares owned after transaction: not specified in the provided excerpt; footnote notes 78.85 shares are held in the Kennametal 401(k) plan and included in the holder’s reported ownership
• Footnotes of interest:
  • F1: Price shown is a weighted average; the filer can provide the number of shares sold at each separate price on request.
  • F2: Ownership total (as reported) includes 78.85 shares held in the Kennametal 401(k) Plan.
• Filing timeliness: Form 4 was filed on 2026-09-08 for a 2026-09-04 transaction. Given the Labor Day holiday that week, the filing was made within the SEC’s two-business-day reporting window.

Context

• This was a sale (not a purchase); insider sales are common and can be for many non-investment reasons (e.g., diversification, tax planning, personal liquidity). The filing provides factual details but does not indicate the insider’s motivation.