Boardroom Alpha
Meeting calendar
KMT · Annual meeting · Tuesday, October 27, 2026

Kennametal Inc

9 nominees · 3 ballot items.

Shareholders will vote on the election of nine directors, ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal 2027, and advisory approval of named executive officer compensation.

Market cap
$2.3B
1Y TSR
+45.2%
Board grade
C
Record date
Aug 28, 2026
Filing
DEF 14A
Meeting concluded · Oct 27, 2026

Follow how the vote landed and what changed on Kennametal Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of Nine Directors

    ManagementBoard: FOR

    Elect Joseph Alvarado, Shelley Bausch, Sanjay Chowbey, Douglas T. Dietrich, Richard J. Harshman, Dawne Hickton, Lorraine M. Martin, Sagar A. Patel, and Paul Sternlieb to one-year terms expiring in 2027.

  2. 2

    Ratification of PricewaterhouseCoopers LLP as Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify the Audit Committee’s selection of PricewaterhouseCoopers LLP as Kennametal’s independent registered public accounting firm for the fiscal year ending June 30, 2027.

  3. 3

    Advisory Vote to Approve Named Executive Officer Compensation

    ManagementBoard: FOR

    Approve, on a non-binding advisory basis, the compensation paid to Kennametal’s named executive officers as disclosed in the Compensation Discussion and Analysis and executive compensation tables and narrative.

    More detail

    Proposal 3 asks shareholders to express advisory approval of the overall compensation paid to Kennametal’s named executive officers, rather than to approve any individual pay element. The vote covers the compensation philosophy, policies, practices, Compensation Discussion and Analysis, and executive compensation tables and narrative disclosed under Item 402 of Regulation S-K. The vote is required under Section 14A of the Exchange Act and is explicitly non-binding. Kennametal emphasizes a pay-for-performance model combining salary, annual incentives, and long-term equity awards. A substantial portion of executive compensation is tied to corporate or segment financial performance, stock performance, and strategic or safety objectives. In fiscal 2026, the program used metrics including revenue, adjusted EBITDA, primary working capital as a percentage of sales, adjusted EBIT, adjusted EBITDA margin, and adjusted ROIC. The company reports strong fiscal 2026 results and above-target annual incentive outcomes, while long-term awards remain subject to performance and service conditions. Management also notes that shareholders approved approximately 99% of the prior year’s advisory compensation vote, which supported retaining the general compensation approach. The Board recommends voting for the proposal because it believes the program aligns executive and shareholder interests and provides competitive incentives to recruit, retain, and motivate leadership. Although advisory, the Company states that it will review the vote and consider the result in future compensation decisions.

Director elections

Nominees on the ballot9

Independent
Tenure on this board
8.8 yrs
Also a director at
Arcosa Inc (ACA)Pnc Financial Services Group Inc (PNC)
Independent
Tenure on this board
1.5 yrs
Also a director at
Gatx Corp (GATX)Innospec Inc (IOSP)
Not independent
Tenure on this board
2.4 yrs
Also a director at
Nov Inc (NOV)
Independent
Tenure on this board
1.7 yrs
Also a director at
Minerals Technologies Inc (MTX)
Independent
Tenure on this board
0.2 yrs
Also a director at
Ameren Corp (AEE)Pnc Financial Services Group Inc (PNC)
Independent
Tenure on this board
0.2 yrs
Also a director at
Commercial Metals Co (CMC)Elevra Lithium Ltd (ELVR)
Independent
Tenure on this board
8.3 yrs
Also a director at
Iperionx Ltd (IPX)
Independent
Tenure on this board
3.8 yrs
Also a director at
Enerpac Tool Group Corp (EPAC)
Ownership

Top institutional holders10

Latest 13F quarter
1BlackRock, Inc.10.8%8,230,951$288M
2VANGUARD PORTFOLIO MANAGEMENT LLC7.8%5,972,268$209M
3DIMENSIONAL FUND ADVISORS LP6.0%4,605,921$161M
4VANGUARD CAPITAL MANAGEMENT LLC4.5%3,439,729$121M
5STATE STREET CORP4.1%3,088,237$108M
6AMERICAN CENTURY COMPANIES INC4.0%3,059,373$107M
7BlackRock, Inc.3.5%2,703,569$95M
8ARROWSTREET CAPITAL, LIMITED PARTNERSHIP2.9%2,241,308$79M
9FMR LLC2.8%2,109,825$74M
10WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC2.6%1,986,136$70M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Kennametal Inc 2026 annual meeting?
Kennametal Inc (KMT) holds its 2026 annual shareholder meeting on Tuesday, October 27, 2026.
What is the record date for the Kennametal Inc 2026 meeting?
The record date for the Kennametal Inc 2026 meeting is Friday, August 28, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Kennametal Inc's 2026 meeting?
The board is presenting 9 director nominees at the Kennametal Inc 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Kennametal Inc 2026 meeting?
Shareholders will vote on 3 proposals at the Kennametal Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer