Blanchard Thomas Andrew bought KAI
March 6, 2024 · Form 4 insider transaction
Blanchard Thomas Andrew bought 867 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
867
Price
$0.00
Total value
N/A
InsiderBlanchard Thomas Andrew
Role—
CompanyKadant Inc. (KAI)
SecurityRestricted Stock Unit
Transaction codeA: Grant or award
Transaction dateMarch 6, 2024
Filing dateMarch 7, 2024
Shares owned after867
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.