Form 4: William Lambert Reports Kennametal Inc. Stock Transactions

Director William Lambert reports acquisition and disposal of Kennametal Inc. common stock and restricted stock units on August 15, 2024.

Summary

• On August 15, 2024, William Lambert, a director of Kennametal Inc., engaged in transactions involving the company's common stock and restricted stock units.
• Lambert acquired 4,766 shares of common stock at $25.
• He also disposed of 145 shares of common stock at $25.
• Additionally, Lambert acquired 5,800 restricted stock units at $25.
• Several transactions involved the conversion of restricted stock units into common stock.
• These conversions included 1,135, 1,772, and 1,859 restricted stock units.
• Following these transactions, Lambert directly owns 65,081 shares of common stock.
• He also holds 5,800 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transactions may provide insights to shareholders regarding the director's view on the company's stock value.
• The transactions may have a small impact on the stock price.

Key Dates