Thomas Andrew Blanchard - Mar 10, 2025 Form 4 Insider Report for KADANT INC (KAI)

Signature
/s/ Stacy D. Krause, by power of attorney
Stock symbol
KAI
Transactions as of
Mar 10, 2025
Transactions value $
-$137,298
Form type
4
Date filed
3/10/2025, 08:25 AM
Previous filing
Mar 5, 2025
Next filing
Mar 20, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KAI Common Stock Options Exercise +260 +18.45% 1.67K Mar 10, 2025 Direct F1
transaction KAI Common Stock Tax liability -$30.1K -80 -4.79% $376.16 1.59K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +57 +3.59% 1.65K Mar 10, 2025 Direct F2
transaction KAI Common Stock Tax liability -$6.77K -18 -1.09% $376.16 1.63K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +411 +25.25% 2.04K Mar 10, 2025 Direct F3
transaction KAI Common Stock Tax liability -$47.4K -126 -6.18% $376.16 1.91K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +79 +4.13% 1.99K Mar 10, 2025 Direct F4
transaction KAI Common Stock Tax liability -$9.4K -25 -1.26% $376.16 1.97K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +303 +15.4% 2.27K Mar 10, 2025 Direct F5
transaction KAI Common Stock Tax liability -$35K -93 -4.1% $376.16 2.18K Mar 10, 2025 Direct
transaction KAI Common Stock Options Exercise +73 +3.35% 2.25K Mar 10, 2025 Direct F6
transaction KAI Common Stock Tax liability -$8.65K -23 -1.02% $376.16 2.23K 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 -260 -100% $0.00 0 Mar 10, 2025 Common Stock 260 $0.00 Direct F1
transaction KAI Restricted Stock Unit Options Exercise $0 -57 -100% $0.00 0 Mar 10, 2025 Common Stock 57 $0.00 Direct F2
transaction KAI Restricted Stock Unit Options Exercise $0 -411 -50% $0.00 411 Mar 10, 2025 Common Stock 411 $0.00 Direct F3
transaction KAI Restricted Stock Unit Options Exercise $0 -79 -50.32% $0.00 78 Mar 10, 2025 Common Stock 79 $0.00 Direct F4
transaction KAI Restricted Stock Unit Options Exercise $0 -303 -33.33% $0.00 606 Mar 10, 2025 Common Stock 303 $0.00 Direct F5
transaction KAI Restricted Stock Unit Options Exercise $0 -73 -33.64% $0.00 144 Mar 10, 2025 Common Stock 73 $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.