Michael J. Mckenney - Mar 10, 2025 Form 4 Insider Report for KADANT INC (KAI)

Role
Executive Vice President & CFO
Signature
/s/ Stacy D. Krause, by power of attorney
Stock symbol
KAI
Transactions as of
Mar 10, 2025
Transactions value $
-$691,006
Form type
4
Date filed
3/10/2025, 08:12 AM
Previous filing
Mar 5, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +937 +8.57% 11.9K Mar 10, 2025 Direct F1
transaction KAI Common Stock Tax liability -$171K -454 -3.82% $376.16 11.4K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +207 +1.81% 11.6K Mar 10, 2025 Direct F2
transaction KAI Common Stock Tax liability -$38K -101 -0.87% $376.16 11.5K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +1.25K +10.87% 12.8K Mar 10, 2025 Direct F3
transaction KAI Common Stock Tax liability -$228K -606 -4.74% $376.16 12.2K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +239 +1.96% 12.4K Mar 10, 2025 Direct F4
transaction KAI Common Stock Tax liability -$43.6K -116 -0.93% $376.16 12.3K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +933 +7.59% 13.2K Mar 10, 2025 Direct F5
transaction KAI Common Stock Tax liability -$170K -452 -3.42% $376.16 12.8K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +223 +1.75% 13K Mar 10, 2025 Direct F6
transaction KAI Common Stock Tax liability -$40.6K -108 -0.83% $376.16 12.9K Mar 10, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KAI Restricted Stock Unit Options Exercise $0 -937 -100% $0.00 0 Mar 10, 2025 Common Stock 937 $0.00 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -207 -100% $0.00 0 Mar 10, 2025 Common Stock 207 $0.00 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -1.25K -50% $0.00 1.25K Mar 10, 2025 Common Stock 1.25K $0.00 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -239 -50% $0.00 239 Mar 10, 2025 Common Stock 239 $0.00 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -933 -33.33% $0.00 1.87K Mar 10, 2025 Common Stock 933 $0.00 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -223 -33.38% $0.00 445 Mar 10, 2025 Common Stock 223 $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent the partial settlement under a performance-based RSU award granted March 8, 2022. One-third of the RSU vested and became distributable on March 10, 2025 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 8, 2022. One-third of the RSU vested and became distributable on March 10, 2025 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 7, 2023. One-third of the RSU vested and became distributable on March 10, 2025 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 7, 2023. One-third of the RSU vested and became distributable on March 10, 2025 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 6, 2024. One-third of the RSU vested and became distributable on March 10, 2025 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 6, 2024. One-third of the RSU vested and became distributable on March 10, 2025 and was converted to common stock on a one-for-one basis on the vesting date.