Form 4: Kennametal Director Boosts Stake with Stock Credit Acquisition

Kennametal Inc. Director Shelley J. Bausch acquired 783.555 stock credits at $27.12 each, increasing her total beneficial ownership to 9,815.448 derivative securities.

Summary

• Shelley J. Bausch, a Director of Kennametal Inc. (KMT), acquired 783.555 derivative securities in the form of stock credits.
• The transaction occurred on November 24, 2025.
• Each stock credit was valued at $27.12.
• Following this acquisition, Ms. Bausch beneficially owns a total of 9,815.448 stock credits.
• The stock credits are convertible 1 for 1 into common stock.
• These stock credits become payable in common stock upon a change of control of Kennametal Inc. or upon Ms. Bausch's retirement as a director, unless she elects to receive the common stock following retirement.
• The total beneficial ownership includes 59.696 stock credits from the Kennametal Inc. Stock Incentive Plan of 2002 dividend reinvestment feature and 12.159 stock credits from the Kennametal Inc. Directors Stock Incentive Plan dividend reinvestment feature.

Sentiment

Score: 7

Explanation: The acquisition of additional stock credits by a director is generally viewed positively as it indicates confidence in the company's future performance and aligns management's interests with those of shareholders.

Positives

• A director increased their beneficial ownership in the company, signaling confidence in future performance.
• The acquisition of 783.555 stock credits at a price of $27.12 per credit demonstrates a direct investment by management.
• Total beneficial ownership of stock credits increased to 9,815.448, aligning the director's interests further with shareholders.

Negatives

• No negative information is presented in this Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports an insider transaction.

Future Outlook

This Form 4 filing does not contain forward-looking statements or guidance regarding the company's future performance. It solely reports an insider transaction.

Management Comments

• No direct quotes or paraphrased statements from company management are included in this Form 4 filing.

Industry Context

This Form 4 filing reports an individual insider transaction and does not provide broader industry context or trends. Insider buying can sometimes be seen as a positive signal within the industry, indicating management's belief in the company's prospects relative to its peers.

Comparison to Industry Standards

• This filing reports an insider transaction, which is a standard disclosure requirement for public companies. There are no specific company or project results to compare against global benchmarks or competitors. The act of a director increasing their stake is generally viewed favorably, aligning with best practices for corporate governance where management's interests are tied to shareholder value.

Corporate Governance

Legal Proceedings

• No legal proceedings or regulatory matters are mentioned in this filing.

Related Party Transactions

• The acquisition of stock credits by a director is a transaction involving a related party (insider). This is a standard disclosure for such transactions.

Stakeholder Impact

• Shareholders: Potentially positive, as increased insider ownership can signal confidence and better alignment of interests between management and shareholders.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this specific filing.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

Kennametal Inc., KMT, Shelley J. Bausch, Director, Insider Transaction, Stock Credits, Beneficial Ownership, SEC Form 4, Equity Acquisition, Corporate Governance