KAI - Vice President of Kadant Makes $432K Sale | Benzinga
Michael Colwell, Vice President at Kadant (NYSE:KAI), reported a large insider sell on September 26, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Colwell sold 1,950 shares of Kadant. The total transaction amounted to $432,206.
Kadant shares are trading up 0.72% at $223.59 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however an insider ...