Form 4: Kennametal Inc. Executive John Wayne Witt Reports Stock Transactions

Vice President John Wayne Witt of Kennametal Inc. reports the acquisition and disposal of common stock and restricted stock units on February 28, 2025.

Summary

• On February 28, 2025, John Wayne Witt, a Vice President at Kennametal Inc., engaged in transactions involving the company's stock.
• Witt acquired 3,309 shares of common stock at a price of $22.13 through the vesting of restricted stock units.
• Simultaneously, Witt disposed of 1,184 shares of common stock to cover tax obligations at a price of $22.13.
• Following these transactions, Witt directly owns 3,767 shares of Kennametal Inc. common stock.
• The reported transactions also involved the vesting of 3,309 restricted stock units, each convertible to one share of common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives and their holdings in the company.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, reflecting routine executive compensation and tax obligations.

Key Dates