Kennametal Inc: vice president Michelle R Keating exercised 21,378 shares

What happened Michelle R Keating, vice president, exercised or converted derivatives for 21,378 shares on Oct 1, 2026 at $31.67 per share, resulting in acquisition valued at $677,041. The filing shows 9,297 shares were disposed at $31.67 to satisfy payment of exercise price or tax liability for $294,436. The Form 4 also reports a conversion/derivative entry for 21,378 shares recorded at $0.00 per share.

Key details

• Transaction date(s) and price(s): Oct 1, 2026 — 21,378 shares exercised at $31.67 (acquired) = $677,041; Oct 1, 2026 — 9,297 shares disposed at $31.67 (tax/exercise payment) = $294,436; Oct 1, 2026 — 21,378 shares conversion recorded at $0.00 = $0.
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes: F1 includes 78.85 shares held in the Kennametal Inc. 401(k) Plan; F2 indicates 1-for-1; F3 notes restricted stock units are time‑based and disbursed on the first anniversary of the grant date.
• Filing date and timeliness: filed Oct 5, 2026; the filing does not indicate it was late.

Why it may matter

• The Form 4 shows an exercise of options/derivatives with 9,297 shares withheld/disposed to cover tax liability or exercise payment (a cashless withholding component) while 21,378 shares were acquired. A separate derivative conversion at $0.00 per share is also reported.
  This filing does not show why the insider traded or why the company acted.