February 27, 2024 · Form 4 insider transaction
STRANGHOENER LAWRENCE W bought 429.293 shares of Kennametal Inc. at $24.75 per share, a transaction worth $10.6K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
1 for 1; The stock credits become payable in common stock (i) in the event of a change of control of the company or (ii) on the date that the reporting person ceases (other than by death) to be a director ("retirement"), unless the reporting person has elected to receive the common stock represented by the stock credits following retirement.; Includes 396.067 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Stock Incentive Plan of 2002 and 506.872 stock credits acquired pursuant to a dividend reinvestment feature of the Kennametal Inc. Directors Stock Incentive Plan, as amended. The company maintains a separate dividend reinvestment plan available to its shareholders that satisfies the requirement of Rule 16a-11 of the Securities and Exchange Act of 1934, as amended.