William P. Tully, Director at Kadant Inc (NYSE:KAI) disclosed today the disposal of 1,250 shares of common stock at a unit price of $38.5984 on October 27, 2014. This is Mr. Tully’s second stock sale this year since March, and now directly owns a total of 7,500 shares.
Sandra L. Lambert, Secretary at Kadant Inc (NYSE:KAI) also disposed of some stock this year. Mrs. Lambert sold a total of 19,155 shares through eleven different transactions, and now owns 18,617 shares.
Chuck Royce’s Royce and Associates is the largest shareholding institution (amongst those we track) with a total of 441,847 shares, valued at an estimate $17 million, after reporting a 1% stock reduction for the second filling period of 2014.
Kadant Inc (NYSE:KAI) is a supplier of equipment used in the global papermaking and paper recycling industries and a manufacturer of granules made from papermaking byproducts.
Disclosure: The author, Jodor Jalit, holds no position in any stocks or funds mentioned.