Kennametal (KMT) Director Shelley Bausch Receives 811-Share Award

What Happened Shelley J. Bausch, a director of Kennametal Inc. (KMT), received a grant/award of 811.411 stock credits on August 25, 2026. The award is reported as a derivative acquisition valued at $29.27 per share, totaling $23,750. This was an issuance/award (not an open-market purchase or sale).

Key Details

• Transaction date and price: 2026-08-25 at $29.27 per share; total value $23,750.
• Transaction type: Grant / award of stock credits (SEC code A — acquisition).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-08-26 for the 8/25/2026 transaction; appears timely (filed the next day).
• Footnotes:
  • F1: 1-for-1 conversion ratio.
  • F2: Stock credits become payable in common stock on a change of control or when the director retires (unless the director elects immediate conversion after retirement).
  • F3: Prior stock credits include 90.226 (Plan of 2002 DRIP) and 24.449 (Directors Plan DRIP) acquired via dividend reinvestment; the company also maintains a separate shareholder DRIP satisfying Rule 16a-11.

Context This was a director award of stock credits under Kennametal’s incentive/directors plans — a routine compensation event for non-employee directors. The award represents future economic interest that converts to common shares under specified conditions (change of control or retirement), and does not represent an open-market buy or sale.