Batdorff Douglas J. 4

What Happened
Douglas J. Batdorff, Senior Vice President of Manufacturing Operations at Kewaunee Scientific (KEQU), was granted 2,717 restricted stock units (RSUs) on June 24, 2026. The grant is recorded at $0.00 per unit (derivative award) — RSUs are a contingent right to receive shares in the future rather than immediate share ownership or a cash purchase.

Key Details

• Transaction date: 2026-06-24; Form 4 filed 2026-06-25 (timely).
• Grant: 2,717 restricted stock units (transaction code A — award/grant). Reported acquisition price: $0.00.
• Footnote: Each RSU represents a contingent right to one share. The RSUs vest in three equal annual installments beginning June 30, 2027, subject to continued employment.
• Shares owned after transaction: not specified in the filing.
• Filing status: timely; no sale or purchase occurred — this is compensation-based equity.

Context
RSUs are common executive compensation: they don’t convert into actual shares (or tradable stock) until they vest and any withholding obligations are satisfied. Such awards are compensation-related and aren’t the same signal as an insider buying stock on the open market.