Kennametal (KMT) VP Hamadi Faisal Receives Award of 9,862 Shares

What Happened

• Hamadi Faisal, Vice President of Kennametal Inc. (KMT), was granted two performance stock unit awards on July 27, 2026, totaling 9,862 shares (4,266 + 5,596). The Form 4 reports these as awards (transaction code A) with $0 cash paid on the grant date.

Key Details

• Transaction date: July 27, 2026. Report filed July 29, 2026 (timely).
• Reported price: $0.00 (awards issued, no cash consideration reported).
• Total shares awarded: 9,862 performance stock units (4,266 + 5,596).
• Shares owned after transaction: not specified on this Form 4.
• Notable footnotes:
  • The 4,266 units are the second tranche of the 2024 Performance Unit Award; the Committee approved an adjusted ROIC payout at 200%. Vesting/distribution requires continued employment through August 15, 2027.
  • The 5,596 units are the first tranche of the 2025 Performance Unit Award; the Committee approved an adjusted ROIC payout multiple at 200%. Vesting/distribution requires continued employment through August 15, 2028.
• Plan: Awards granted under Kennametal Inc.’s 2024 Stock and Incentive Plan.

Context

• These awards are performance stock units (PSUs) tied to adjusted ROIC metrics; the Committee deemed them earned at a 200% payout multiple for the referenced tranches. Vesting and actual share distribution remain contingent on continued employment through the specified future vesting dates, so these are compensation-related awards rather than open-market purchases or sales.