Reilly Carlonda R. 4
Research Summary
AI-generated summary
Kennametal (KMT) VP Carlonda Reilly Sells 12,013 Shares
What Happened
- Carlonda R. Reilly, Vice President of Kennametal Inc. (KMT), sold 12,013 shares in an open-market transaction on June 2, 2026. The weighted average sale price was $33.12, for total proceeds of approximately $397,907. This filing reports a sale (not a purchase or option exercise), which is commonly routine insider selling.
Key Details
- Transaction date: 2026-06-02; filing date: 2026-06-03 (timely).
- Price: weighted average $33.12 per share; per footnote, individual trades ranged from $33.09 to $33.17.
- Shares sold: 12,013; estimated proceeds: $397,907.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The reported price is a weighted average; the reporting person will provide breakouts of the number of shares sold at each price on request (per filing footnote).
- No indication in the filing of a 10b5-1 plan, option exercise, gift, or tax withholding related to this transaction.
Context
- Sales by company officers can be routine (personal liquidity, portfolio rebalancing, planned selling) and do not necessarily signal a change in company outlook. Because this was an outright sale (code S), it does not represent a bullish insider purchase.