Jeffrey L. Powell - Mar 10, 2025 Form 4 Insider Report for KADANT INC (KAI)

Role
President & CEO, Director
Signature
/s/ Stacy D. Krause, by power of attorney
Stock symbol
KAI
Transactions as of
Mar 10, 2025
Transactions value $
-$2,231,381
Form type
4
Date filed
3/10/2025, 08:21 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 +2.84K +5.83% 51.5K Mar 10, 2025 Direct F1
transaction KAI Common Stock Tax liability -$516K -1.37K -2.66% $376.16 50.1K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +627 +1.25% 50.8K Mar 10, 2025 Direct F2
transaction KAI Common Stock Tax liability -$114K -304 -0.6% $376.16 50.5K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +4.26K +8.44% 54.7K Mar 10, 2025 Direct F3
transaction KAI Common Stock Tax liability -$775K -2.06K -3.76% $376.16 52.7K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +813 +1.54% 53.5K Mar 10, 2025 Direct F4
transaction KAI Common Stock Tax liability -$148K -394 -0.74% $376.16 53.1K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +3.01K +5.67% 56.1K Mar 10, 2025 Direct F5
transaction KAI Common Stock Tax liability -$547K -1.46K -2.59% $376.16 54.6K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +718 +1.31% 55.3K Mar 10, 2025 Direct F6
transaction KAI Common Stock Tax liability -$131K -348 -0.63% $376.16 55K 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 -2.84K -100% $0.00 0 Mar 10, 2025 Common Stock 2.84K $0.00 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -627 -100% $0.00 0 Mar 10, 2025 Common Stock 627 $0.00 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -4.26K -50% $0.00 4.26K Mar 10, 2025 Common Stock 4.26K $0.00 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -813 -50% $0.00 813 Mar 10, 2025 Common Stock 813 $0.00 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -3.01K -33.33% $0.00 6.02K Mar 10, 2025 Common Stock 3.01K $0.00 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -718 -33.35% $0.00 1.44K Mar 10, 2025 Common Stock 718 $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.