KRAUSE STACY D. bought KAI
March 6, 2024 · Form 4 insider transaction
KRAUSE STACY D. bought 1,658 shares of Kadant Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Acquired (buy-side)
Shares
1,658
Price
$0.00
Total value
N/A
InsiderKRAUSE STACY D.
Role—
CompanyKadant Inc. (KAI)
SecurityRestricted Stock Unit
Transaction codeA: Grant or award
Transaction dateMarch 6, 2024
Filing dateMarch 7, 2024
Shares owned after1,658
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock. The RSU vests and is distributable in three equal installments beginning on March 10, 2025, provided that the Issuer meets certain performance requirements for fiscal 2024 and the reporting person is employed by the Issuer on the vesting date. The maximum number of shares the reporting person may receive is 150% of the RSU amount.