Kennametal (KMT) VP trims stake with 12,013-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kennametal Inc. vice president Carlonda R. Reilly reported an open-market sale of 12,013 shares of Common Stock. The shares were sold at a weighted average price of $33.123 per share, with individual trade prices ranging from $33.09 to $33.17. After this transaction, Reilly directly owns 25,143 shares of Kennametal common stock, indicating she retains a significant equity stake following the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,013 shares ($397,907)
Net Sell
1 txn
Insider
Reilly Carlonda R.
Role
Vice President
Sold
12,013 shs ($398K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,013 | $33.123 | $398K |
Holdings After Transaction:
Common Stock — 25,143 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 12,013 shares
Weighted average sale price: $33.123 per share
Sale price range: $33.09–$33.17 per share
+1 more
4 metrics
Shares sold
12,013 shares
Open-market sale of Common Stock
Weighted average sale price
$33.123 per share
Common Stock sale on reported date
Sale price range
$33.09–$33.17 per share
Individual trade prices within reported transaction
Shares owned after transaction
25,143 shares
Direct ownership following sale
Key Terms
open-market sale, weighted average price, Common Stock, Form 4
4 terms
open-market sale financial
"reported an open-market sale of 12,013 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock financial
"reported an open-market sale of 12,013 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"this footnote (1) to this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Kennametal (KMT) report for Carlonda R. Reilly?
Kennametal vice president Carlonda R. Reilly reported selling 12,013 shares of Common Stock in an open-market transaction. The sale was disclosed on a Form 4 and reflects a routine insider disposition rather than a purchase or option exercise.
Was Carlonda R. Reilly’s Kennametal (KMT) transaction an open-market sale?
Yes, the Form 4 describes the transaction as an open-market sale of Common Stock, coded as “S.” This indicates the shares were sold into the market rather than being transferred as a gift, tax withholding, or internal restructuring transaction.
Does the Kennametal (KMT) Form 4 mention options or other derivatives for Carlonda R. Reilly?
The disclosure shows only a non-derivative Common Stock transaction and lists no derivative securities in the remaining position. The derivative summary is empty, so the filing focuses solely on the 12,013-share common stock sale and resulting direct holdings.