Bausch Shelley J 4

What Happened
Shelley J. Bausch, a director of Kennametal Inc. (KMT), was granted a stock award on May 26, 2026. The grant is reported as 575.257 shares (derivative stock credits) valued at $36.94 per share for a total reported value of $21,250. This transaction is an award/acquisition (code A) of derivative securities, not an open‑market purchase or sale of common stock.

Key Details

• Transaction date: 2026-05-26; Filing date (Accession): 2026-05-28 (appears filed within the typical 2‑business‑day window).
• Security and amount: 575.257 stock credits (derivative) at $36.94 per share; total reported value $21,250.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: 1-for-1 conversion (stock credits convert to common shares on a one-for-one basis).
  • F2: Stock credits become payable in common stock upon a change of control or on the date the director retires (unless the director elects to receive the shares earlier).
  • F3: Includes 16.170 stock credits acquired via a dividend reinvestment feature of the Directors Stock Incentive Plan; company maintains a dividend reinvestment plan satisfying Rule 16a-11.
• Transaction type: Derivative award (not an option exercise or cashless sale).

Context

• Derivative awards like stock credits are often contingent: the reporting person does not necessarily receive tradable common shares immediately. Conversion to common stock will occur under the conditions noted (change of control or retirement) or if the director elects earlier delivery.
• This is an insider acquisition via award, which is informational for investors but does not by itself indicate immediate selling or buying behavior in the open market.