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

Role: Senior Vice President
Signature: /s/ Stacy D. Krause, by power of attorney
Stock symbol: KAI
Transactions as of: Mar 10, 2025
Transactions value $: -$50,405
Form type: 4
Date filed: 3/10/2025, 08:26 AM
Previous filing: Aug 15, 2024
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		+127	+3.25%		4.03K	Mar 10, 2025	Direct	F1, F2
transaction	KAI	Common Stock	Tax liability	-$18.4K	-49	-1.22%	$376.16	3.98K	Mar 10, 2025	Direct
transaction	KAI	Common Stock	Options Exercise		+28	+0.7%		4.01K	Mar 10, 2025	Direct	F3
transaction	KAI	Common Stock	Tax liability	-$4.14K	-11	-0.27%	$376.16	4K	Mar 10, 2025	Direct
transaction	KAI	Common Stock	Options Exercise		+164	+4.1%		4.16K	Mar 10, 2025	Direct	F4
transaction	KAI	Common Stock	Tax liability	-$23.3K	-62	-1.49%	$376.16	4.1K	Mar 10, 2025	Direct
transaction	KAI	Common Stock	Options Exercise		+31	+0.76%		4.13K	Mar 10, 2025	Direct	F5
transaction	KAI	Common Stock	Tax liability	-$4.51K	-12	-0.29%	$376.16	4.12K	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	-127	-100%	$0.00	0	Mar 10, 2025	Common Stock	127	$0.00	Direct	F1
transaction	KAI	Restricted Stock Unit	Options Exercise	$0	-28	-100%	$0.00	0	Mar 10, 2025	Common Stock	28	$0.00	Direct	F3
transaction	KAI	Restricted Stock Unit	Options Exercise	$0	-164	-50.31%	$0.00	162	Mar 10, 2025	Common Stock	164	$0.00	Direct	F4
transaction	KAI	Restricted Stock Unit	Options Exercise	$0	-31	-50%	$0.00	31	Mar 10, 2025	Common Stock	31	$0.00	Direct	F5

* 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	Includes 46 shares acquired in an exempt transaction purusant to the Issuer's Employees' Stock Purchase Plan on December 31, 2024.
F3	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.
F4	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.
F5	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.