Kennametal (KMT) CEO Sanjay Chowbey Buys 7,000 Shares

What Happened
Sanjay Chowbey, President and CEO of Kennametal Inc. (KMT), purchased 7,000 shares in open-market transactions on Sept. 10, 2026. The reported weighted-average price was $29.10 per share, for a total cost of $203,700. This was a straightforward purchase (transaction code P).

Key Details

• Transaction date: Sept. 10, 2026; Form 4 filed Sept. 11, 2026 (timely filing).
• Price: weighted average $29.10; purchases executed at prices ranging $29.055 to $29.100 (footnote F1).
• Shares acquired: 7,000; total value ≈ $203,700.
• Shares owned after transaction: not specified in the provided summary; footnote F2 notes 540.35 shares are held in the Kennametal 401(k) Plan and are included in reported ownership.
• Footnotes: F1 explains the weighted-average price and that the filer will provide per-transaction price breakdown upon request; F2 references 401(k) holdings.

Context
This was an open-market purchase of common stock (not an option exercise or gift). Purchases by executives are often watched by investors as potentially more informative than routine sales, but the filing itself states only the transaction details and does not disclose motive.