Fredrik H. Westerhout - Mar 10, 2025 Form 4 Insider Report for KADANT INC (KAI)

Role
Vice President
Signature
/s/ Stacy D. Krause, by power of attorney
Stock symbol
KAI
Transactions as of
Mar 10, 2025
Transactions value $
-$318,231
Form type
4
Date filed
3/10/2025, 08:15 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 +383 +26.65% 1.82K Mar 10, 2025 Direct F1
transaction KAI Common Stock Tax liability -$71.5K -190 -10.44% $376.16 1.63K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +84 +5.15% 1.71K Mar 10, 2025 Direct F2
transaction KAI Common Stock Tax liability -$15.8K -42 -2.45% $376.16 1.67K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +583 +34.87% 2.26K Mar 10, 2025 Direct F3
transaction KAI Common Stock Tax liability -$109K -289 -12.82% $376.16 1.97K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +111 +5.65% 2.08K Mar 10, 2025 Direct F4
transaction KAI Common Stock Tax liability -$20.7K -55 -2.65% $376.16 2.02K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +439 +21.71% 2.46K Mar 10, 2025 Direct F5
transaction KAI Common Stock Tax liability -$82K -218 -8.86% $376.16 2.24K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +105 +4.68% 2.35K Mar 10, 2025 Direct F6
transaction KAI Common Stock Tax liability -$19.6K -52 -2.21% $376.16 2.3K 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 -383 -100% $0.00 0 Mar 10, 2025 Common Stock 383 $0.00 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -84 -100% $0.00 0 Mar 10, 2025 Common Stock 84 $0.00 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -583 -50% $0.00 583 Mar 10, 2025 Common Stock 583 $0.00 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -111 -50% $0.00 111 Mar 10, 2025 Common Stock 111 $0.00 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -439 -33.38% $0.00 876 Mar 10, 2025 Common Stock 439 $0.00 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -105 -33.44% $0.00 209 Mar 10, 2025 Common Stock 105 $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.