The VP's open-market sale without a 10b5-1 plan, combined with the historical underperformance of KMT directional calls, suggests caution. Monitor for any upcoming earnings or operational updates that could explain the sale. The director's buy is small relative to the VP's sale and does not offset the bearish signal.
Price Chart
Executive Summary
A mixed insider cluster at Kennametal shows Vice President Michelle Keating selling $611K worth of stock in an open-market sale, while Director Richard Harshman purchased $151K worth. The sell-side dollar value dominates at 4x the buy-side, and the total cluster value of $762K represents approximately 0.23% of the company's $326M market cap, a modest but notable amount.
Key Financial Metrics
Key Facts
- Vice President Michelle Keating sold 20,000 shares in an open-market sale for $610,720 on September 4, 2026
- Director Richard Harshman purchased 5,000 shares in an open-market buy for $151,050 on September 4, 2026
- Total cluster value is $762K, approximately 0.23% of market cap
- Sell-side ($611K) dominates buy-side ($151K) by a 4:1 ratio
- No 10b5-1 plan indicated for the sale, making it an informational signal
Financial Impact
Insider selling of $611K vs. buying of $151K; net selling of $460K
Risk Factors
- Insider selling by a VP without a trading plan may indicate negative expectations
- The cluster is small relative to market cap, limiting materiality
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-KMT-1788896469358 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 13d ago | Press Release | $30.90 | awaiting T+20 | — | $29.87 (−3.33%) |
Sep 11, 2026 6w ago | Insider Cluster | $29.44 $31.92 | ▲ +8.42% | ▲ +6.56% | $29.87 (+1.46%) |
Sep 9, 2026 6w ago | Insider Cluster | $29.64 $32.27 | ▲ +8.87% | ▲ +6.93% | $29.87 (+0.78%) |
Sep 8, 2026 7w ago | Insider Cluster | $30.47 $33.41 | ▼ −9.65% | ▼ −7.68% | $29.87 (+1.97%) |
Aug 5, 2026 11w ago | 8-K | $34.16 $29.45 | ▼ −13.79% | ▼ −13.19% | $29.87 (−12.56%) |
Jul 28, 2026 13w ago | 8-K | $33.55 $30.01 | ▼ −10.55% | ▼ −15.57% | $29.87 (−10.97%) |
Jul 15, 2026 14w ago | Press Release | $34.76 $30.78 | ▼ −11.45% | ▼ −13.79% | $29.87 (−14.07%) |
Jun 30, 2026 17w ago | 8-K | $35.05 $35.32 | ▲ +0.77% | ▲ +1.80% | $29.87 (−14.78%) |
Jun 9, 2026 20w ago | Insider Cluster | $34.01 $33.35 | ▼ −1.94% | ▼ −3.39% | $29.87 (−12.17%) |
Jun 2, 2026 21w ago | 8-K | $32.67 $33.49 | ▲ +2.51% | ▲ +3.51% | $29.87 (−8.57%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers