Form 4: Kennametal Inc. Director William J. Harvey Reports Stock Transactions
SEC Form 4 Filing
Director William J. Harvey reports acquisition and disposal of Kennametal Inc. stock and restricted stock units on August 15, 2024.
Summary
- On August 15, 2024, William J. Harvey, a director of Kennametal Inc., engaged in multiple transactions involving the company's stock and restricted stock units.
- Harvey acquired 4,766 shares of common stock at $25 through the exercise of restricted stock units.
- He also disposed of 145 shares to cover tax obligations at $25.
- Additionally, Harvey acquired 5,800 restricted stock units.
- Following these transactions, Harvey beneficially owns 39,835.478 shares of common stock and various amounts of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock and restricted stock unit transactions |
| 08/19/2024 | Date of signature on the Form 4 filing |
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