Mitchell Dara F 4
4 · KADANT INC · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
KADANT (KAI) SVP Dara F. Mitchell Receives RSUs
What Happened
Dara F. Mitchell, Senior Vice President, Corporate Development at Kadant, had several RSU awards partially vest on March 10, 2026. A total of 1,425 shares were converted to common stock on a one-for-one basis. To satisfy tax withholding obligations, 692 shares were withheld/disposed at an indicated price of $334.17 per share, generating roughly $231,246 in withholding value. The net shares delivered to Mitchell after withholding were 733 shares.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
- Conversion (derivative/exercise code M): 1,425 shares converted from vested RSUs (multiple awards).
- Tax withholding (code F): 692 shares withheld/disposed at $334.17 per share; total withholding value ≈ $231,246 (sum of $82,206; $15,706; $62,490; $15,038; $44,110; $11,696).
- Net shares received by insider: 733 shares (1,425 vested − 692 withheld).
- Shares owned after the transactions: not stated in the filing.
- Footnotes: Vesting was partial (one‑third) on multiple RSU grants:
- F1/F2: Grants dated March 7, 2023 (performance- and time-based).
- F3/F4: Grants dated March 6, 2024 (performance- and time-based).
- F5/F6: Grants dated March 4, 2025 (performance- and time-based).
Each note confirms one-third of each award vested and converted to common stock on the vesting date.
- Transaction codes explained: M = exercise/conversion of derivative (RSU conversion); F = shares withheld/used to pay tax withholding.
Context
This was routine vesting and settlement of RSU awards, not an open-market sale or purchase. The withheld shares reflect tax withholding to satisfy payroll/tax obligations and are standard for equity compensation — they do not necessarily indicate a decision to sell remaining shares. No 10b5‑1 plan, gift, or sale-for-diversification was reported in this filing.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-10+508→ 1,724 total - Tax Payment
Common Stock
2026-03-10$334.17/sh−246$82,206→ 1,478 total - Exercise/Conversion
Common Stock
[F2]2026-03-10+97→ 1,575 total - Tax Payment
Common Stock
2026-03-10$334.17/sh−47$15,706→ 1,528 total - Exercise/Conversion
Common Stock
[F3]2026-03-10+385→ 1,913 total - Tax Payment
Common Stock
2026-03-10$334.17/sh−187$62,490→ 1,726 total - Exercise/Conversion
Common Stock
[F4]2026-03-10+92→ 1,818 total - Tax Payment
Common Stock
2026-03-10$334.17/sh−45$15,038→ 1,773 total - Exercise/Conversion
Common Stock
[F5]2026-03-10+272→ 2,045 total - Tax Payment
Common Stock
2026-03-10$334.17/sh−132$44,110→ 1,913 total - Exercise/Conversion
Common Stock
[F6]2026-03-10+71→ 1,984 total - Tax Payment
Common Stock
2026-03-10$334.17/sh−35$11,696→ 1,949 total - Exercise/Conversion
Restricted Stock Unit
[F1]2026-03-10−508→ 0 totalExercise: $0.00Exp: 2026-04-30→ Common Stock (508 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2]2026-03-10−97→ 0 totalExercise: $0.00Exp: 2026-04-30→ Common Stock (97 underlying) - Exercise/Conversion
Restricted Stock Unit
[F3]2026-03-10−385→ 384 totalExercise: $0.00Exp: 2027-04-30→ Common Stock (385 underlying) - Exercise/Conversion
Restricted Stock Unit
[F4]2026-03-10−92→ 91 totalExercise: $0.00Exp: 2027-04-30→ Common Stock (92 underlying) - Exercise/Conversion
Restricted Stock Unit
[F5]2026-03-10−272→ 543 totalExercise: $0.00Exp: 2028-04-30→ Common Stock (272 underlying) - Exercise/Conversion
Restricted Stock Unit
[F6]2026-03-10−71→ 142 totalExercise: $0.00Exp: 2028-04-30→ Common Stock (71 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.