KENNAMETAL INC·4

Feb 20, 9:39 AM ET

Witt John Wayne 4

Research Summary

AI-generated summary

Updated

Kennametal (KMT) VP John Wayne Witt Sells 5,060 Shares

What Happened

John Wayne Witt, a Vice President at Kennametal Inc. (KMT), sold 5,060 shares in an open-market transaction on February 19, 2026. The shares were sold at a weighted-average price of $38.29, generating approximately $193,737 in proceeds. The sale was reported on Form 4 filed February 20, 2026.

Key Details

  • Transaction date: 2026-02-19 (reported 2026-02-20) — filing appears timely.
  • Transaction type: Open-market sale (Code S).
  • Amount sold: 5,060 shares.
  • Price: Weighted-average $38.29; price range per footnote $38.24–$38.31 (multiple sale transactions).
  • Proceeds: ~$193,737.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: The reported price is a weighted average; the filer can provide a breakdown of shares sold at each price within the stated range on request. No 10b5-1 plan, tax withholding, or option exercise was indicated in the provided details.

Context

This was a straightforward open-market sale by a company officer. Sales by insiders can be routine (diversification, personal liquidity, tax needs) and do not necessarily signal negative views about the company. Purchases generally carry more weight for signaling confidence.