Form 4: Kennametal Director Steven H. Wunning Reports Stock Acquisition
SEC Form 4 Filing
Director Steven H. Wunning of Kennametal Inc. reports acquiring 1,008 shares of common stock at $24.75 per share on February 27, 2024.
Summary
- On February 27, 2024, Steven H. Wunning, a director of Kennametal Inc., acquired 1,008 shares of common stock.
- The purchase price was $24.75 per share.
- Following the transaction, Wunning directly owns 74,928 shares of Kennametal Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, as insider buying is sometimes viewed positively.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock transaction |
| 02/29/2024 | Date of signature on the report |
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