Kennametal (KMT) Director Shelley Bausch Receives 4,965-Share Award

What Happened Shelley J. Bausch, a director of Kennametal Inc. (KMT), was awarded 4,965 stock credits on 2026-08-15 (transaction coded as A = award/grant). The award shows an acquisition price of $0.00 because these are derivative stock credits (not a cash purchase). The credits will convert to common shares on a 1-for-1 basis under specified conditions, so there is no immediate cash proceeds or open-market purchase/sale.

Key Details

• Transaction date: 2026-08-15; Form 4 filed: 2026-08-18.
• Security: derivative stock credits/units; amount: 4,965 units; acquisition price: $0.00 (grant).
• Conversion: 1-for-1 conversion to common stock per filing footnote.
• Conversion triggers (footnote): credits become payable in common stock on a change of control or on the date the reporting person ceases to be a director (retirement), unless the director elects earlier stock delivery.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No late-filing flag was provided in the supplied data.

Context This transaction is a typical director compensation grant (deferred/stock-credit award) rather than an open-market purchase or sale, so it doesn't reflect an immediate buy/sell signal. The eventual dollar value to the insider will depend on Kennametal’s stock price when the credits convert to shares (upon retirement or a change of control, or earlier if elected).