SEC Form 4 · accession 0001467437-26-000004
KEWAUNEE SCIENTIFIC CORP /DE/ · KEQU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth D Phillips
Officer — SVP, People & Culture
Period of report
Jun 30, 2026
Accepted (ET)
Jul 2, 2026 · 11:57 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000055529
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 30, 2026 | M | 6,656 | $0.00 | A | 14,904 | D | |
| Common Stock | Jun 30, 2026 | D | 4,995 | $36.25 | D | 9,909 | D | |
| Common Stock | Jun 30, 2026 | F | 793 | $36.25 | D | 9,116 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units FY24F1,F2,F3 | — | Jun 30, 2026 | M | 475 | D | — | — | Common Stock | 5,470 | 0 | D |
| Restricted Stock Units FY25F1,F4 | — | Jun 30, 2026 | M | 501 | D | — | — | Common Stock | 501 | 2,758 | D |
| Restricted Stock Units FY26F1,F5 | — | Jun 30, 2026 | M | 685 | D | — | — | Common Stock | 685 | 3,426 | D |
Explanation of responses
- F1Service-based restricted stock units ("RSUs") convert to common stock on a one-for-one basis.
- F2On June 30, 2026, 3,330 of the reporting person's performance-based RSUs were settled following certification of performance results for the applicable performance period, which resulted in the performance-based RSUs vesting at 150% of target. In the settlement, the reporting person received, pursuant to an election made by the reporting person, cash in settlement of RSUs otherwise entitling the reporting person to receive 4,995 shares. In addition, on June 30, 2026, 475 of the reporting person's service-based RSUs vested. Accordingly, the reporting person received 475 shares in the aggregate as a result of the settlement of these RSUs, as well as a payment in cash in lieu of 4,995 shares.
- F3On June 28, 2023, the reporting person was granted RSUs that vest as follows: (a) 30% of the number of RSUs subject to the award consisted of service-based RSUs that vested in three equal annual installments beginning on June 30, 2024, subject to the reporting person's continued employment with the Company, and (b) 70% of the number of RSUs subject to the award consisted of performance based RSUs that vested only if performance goals were achieved over a three-year period. The actual number of shares (if any) received upon settlement of the performance-based RSUs depended on continued employment and actual performance over the three-year period.
- F4On June 28, 2024, the reporting person was granted RSUs that vest as follows: (a) 40% of the number of RSUs subject to the award consisted of service-based RSUs that vest in three equal annual installments beginning on June 30, 2025, subject to the reporting person's continued employment with the Company, and (b) 60% of the number of RSUs subject to the award consisted of performance based RSUs that vest only if performance goals were achieved over a three-year period. The actual number of shares (if any) received upon settlement of the performance-based RSUs depends on continued employment and actual performance over the three-year period.
- F5On June 25, 2025, the reporting person was granted RSUs that vest as follows: (a) 50% of the number of RSUs subject to the award consisted of service-based RSUs that vested in three equal annual installments beginning on June 30, 2026, subject to the reporting person's continued employment with the Company, and (b) 50% of the number of RSUs subject to the award consisted of performance based RSUs that vested only if performance goals were achieved over a three-year period. The actual number of shares (if any) received upon settlement of the performance-based RSUs depends on continued employment and actual performance over the three-year period.