Form 4: Kennametal Inc. Executive Judith L. Bacchus Reports Stock Transactions
SEC Form 4 Filing
Judith L. Bacchus, a Vice President at Kennametal Inc., reported the vesting and disposal of restricted stock units and the acquisition of common stock.
Summary
- On August 15, 2024, Judith L. Bacchus, a Vice President at Kennametal Inc., engaged in transactions involving Kennametal's common stock and restricted stock units.
- Bacchus acquired 6,823 shares of common stock at $25 per share and disposed of 3,271 shares for tax purposes at $25 per share.
- She also disposed of 1,558, 2,547, and 2,718 restricted stock units, and acquired 8,699 restricted stock units at a price of $25.
- Following these transactions, Bacchus beneficially owns 66,500.302 shares of common stock and 5,437 restricted stock units.
- She also directly owns 8,699 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of earliest transaction: Acquisition and disposal of common stock and restricted stock units. |
| 08/19/2024 | Date of signature for the Form 4 filing. |
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