KADANT INC·4

Mar 12, 7:33 AM ET

KRAUSE STACY D. 4

4 · KADANT INC · Filed Mar 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Kadant (KAI) SVP Stacy D. Krause Receives 2,172 RSUs; Withholds 945

What Happened

  • Stacy D. Krause, Senior Vice President, General Counsel and Secretary of Kadant Inc. (KAI), had multiple RSU awards vest and convert to common stock on March 10, 2026. A total of 2,172 shares were issued on conversion of performance- and time-based RSU awards granted in 2023, 2024 and 2025.
  • To satisfy tax withholding obligations, 945 shares were surrendered (disposed) at a reported withholding valuation of $334.17 per share, producing aggregate proceeds of $315,790. The net new shares delivered to Krause after withholding were 1,227 shares.

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
  • Conversion (code M): 2,172 shares converted from RSU derivatives (no cash paid).
  • Tax/payment withholding (code F): 945 shares withheld at $334.17/share for $315,790 total.
  • Footnotes: Vesting reflects one-third settlements on each award (performance- and time-based RSUs) granted March 7, 2023; March 6, 2024; and March 4, 2025 — each converted one-for-one to common stock on the vesting date.
  • Shares owned after the transaction: not disclosed in the provided filing.

Context

  • These transactions are RSU vesting events (not open-market purchases or voluntary sales). The conversion of RSUs to shares and the share-withholding for taxes is a routine administrative settlement rather than an independent market buy/sell decision.
  • Transaction codes: M = exercise/conversion of derivative (here, RSU conversion); F = payment of tax liability via share withholding.

Insider Transaction Report

Form 4
Period: 2026-03-10
KRAUSE STACY D.
SVP, GC and Secretary
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-10+7782,141 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh338$112,9491,803 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-10+1481,951 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh65$21,7211,886 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-03-10+5802,466 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh252$84,2112,214 total
  • Exercise/Conversion

    Common Stock

    [F4]
    2026-03-10+1382,352 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh60$20,0502,292 total
  • Exercise/Conversion

    Common Stock

    [F5]
    2026-03-10+4192,711 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh182$60,8192,529 total
  • Exercise/Conversion

    Common Stock

    [F6]
    2026-03-10+1092,638 total
  • Tax Payment

    Common Stock

    2026-03-10$334.17/sh48$16,0402,590 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1]
    2026-03-107780 total
    Exercise: $0.00Exp: 2026-04-30Common Stock (778 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F2]
    2026-03-101480 total
    Exercise: $0.00Exp: 2026-04-30Common Stock (148 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3]
    2026-03-10580579 total
    Exercise: $0.00Exp: 2027-04-30Common Stock (580 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F4]
    2026-03-10138138 total
    Exercise: $0.00Exp: 2027-04-30Common Stock (138 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F5]
    2026-03-10419836 total
    Exercise: $0.00Exp: 2028-04-30Common Stock (419 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F6]
    2026-03-10109218 total
    Exercise: $0.00Exp: 2028-04-30Common Stock (109 underlying)
Footnotes (6)
  • [F1]The shares represent the partial settlement under a performance-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F2]The shares represent the partial settlement under a time-based RSU award granted March 7, 2023. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F3]The shares represent the partial settlement under a performance-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F4]The shares represent the partial settlement under a time-based RSU award granted March 6, 2024. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
  • [F5]The shares represent the partial settlement under a performance-based RSU award granted March 4, 2025 One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date
  • [F6]The shares represent the partial settlement under a time-based RSU award granted March 4, 2025. One-third of the RSU vested and became distributable on March 10, 2026 and was converted to common stock on a one-for-one basis on the vesting date.
Signature
/s/ Stacy D. Krause|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773315236.xmlPrimary

    FORM 4