Blanchard Thomas Andrew 4

What Happened

• Thomas Andrew Blanchard, Vice President of Kadant Inc. (KAI), reported an open-market sale of 1,400 common shares on 2026-05-18. The weighted average sale price was $322.04, producing proceeds of approximately $450,851. The filing lists the transaction as a disposal (Sale).

Key Details

• Transaction date: 2026-05-18
• Shares sold: 1,400 at a weighted average price of $322.04 (total ≈ $450,851)
• Price range: $322.03 to $322.09 per share (see footnote)
• Shares owned after transaction: Not specified in the filing
• Filing timeliness: Reported on Form 4 with the same report date (no late filing indicated)
• Footnote: F1 notes the weighted-average price and that the reporting person can provide the exact number of shares sold at each price on request.

Context

• This was a sale (disposition) reported on Form 4. Insider sales are common and can be for many personal or portfolio reasons; they do not necessarily indicate the insider's view on the company's outlook. Purchases tend to be more strongly interpreted as a bullish signal.