A Form 4 filed on September 3, 2026, with the U.S. Securities and Exchange Commission disclosed changes in beneficial ownership of Kennametal Inc. (NYSE:KMT) common stock by Vice President C. David Bersaglini, reflecting transactions dated September 1, 2026.

Key Highlights

  • RSU conversion: 11,596 restricted stock units were converted into 11,596 shares of common stock on September 1, 2026, at a price of $0 per derivative security.
  • Shares acquired: 11,596 shares of common stock were acquired (transaction code M) at $29.19 per share on September 1, 2026.
  • Shares withheld: 5,078 shares were disposed of (transaction code F) at $29.19 per share on the same date, consistent with tax withholding.
  • Resulting ownership: Following both transactions, Bersaglini directly held 28,631 shares of common stock.
  • Remaining RSUs: 11,596 restricted stock units remain beneficially owned following the reported transactions.
  • Vesting terms: According to the filing, the restricted stock units are subject to time-based vesting and are disbursed on the second anniversary date of the grant date.

Bersaglini RSU Vesting Details and Post-Transaction Holdings at Kennametal

According to the filing, C. David Bersaglini, a Vice President at Kennametal Inc. (NYSE:KMT), was party to two non-derivative transactions and one derivative transaction on September 1, 2026. The Form 4 was signed by Michelle R. Keating as attorney-in-fact for C. David Bersaglini and filed on September 3, 2026.

In Table I, the filing reports that 11,596 shares of common stock were acquired via transaction code M at $29.19 per share, bringing Bersaglini's direct holdings to 33,709 shares before the second transaction. Subsequently, 5,078 shares were disposed of under transaction code F at the same price of $29.19 per share, reducing the direct position to 28,631 shares, all held directly.

In Table II, the filing shows that 11,596 restricted stock units were converted (transaction code M) on September 1, 2026. The conversion ratio is noted as 1 for 1, with no exercise price for the derivative security. Following these transactions, 11,596 restricted stock units remain directly held. The filing states that these units "are subject to time-based vesting and are disbursed on the second anniversary date of the grant date."

What Was Disclosed

The filing disclosed the vesting and conversion of 11,596 restricted stock units into common stock, the withholding of 5,078 shares, and a resulting direct holding of 28,631 common shares by Kennametal Vice President C. David Bersaglini as of September 1, 2026.