KRAUSE STACY D. 4

What Happened

Stacy D. Krause, Senior Vice President, General Counsel and Secretary of Kadant Inc. (KAI), was granted a total of 1,895 restricted stock units (RSUs) on March 10, 2026 (1,516 RSUs + 379 RSUs). Each RSU represents the right to one share of common stock; the awards were granted at $0.00 and are recorded as derivative awards (no cash changed hands). These are compensation/retention awards, not open-market purchases or sales.

Key Details

• Transaction date and filing date: 2026-03-10 (filed timely).
• Grants: 1,516 RSUs and 379 RSUs (total 1,895 RSUs) at $0.00 per RSU (derivative awards).
• Reported total value at grant: $0 (grant of units, not an immediate monetary sale/purchase).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • One award vests in three equal installments beginning March 10, 2027, subject to Kadant meeting certain fiscal 2026 performance requirements; maximum payout may be up to 150% of the RSU amount.
  • The other award vests in three annual installments beginning March 10, 2027, subject to continued employment on each vesting date.
• No 10b5-1 plan, tax-withholding sale, or late filing indicated.

Context

RSUs are a form of equity compensation that convert to shares if vesting conditions are met (here, performance conditions and/or continued employment). Because these are grants rather than open-market purchases or sales, they do not directly signal buying/selling sentiment by the insider; they primarily reflect compensation and retention terms set by the company.