SEC Form 4 · accession 0001814145-26-000004

· KEQU

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Douglas J. Batdorff

Officer — SVP, Manufacturing Operations

Period of report

Jun 30, 2026

Accepted (ET)

Jul 2, 2026 · 11:51 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
Common Stock^F1,F2	Jun 30, 2026	M	7,451	$0.00	A	14,630	D
Common Stock	Jun 30, 2026	D	5,609	$36.25	D	9,021	D
Common Stock	Jun 30, 2026	F	851	$36.25	D	8,170	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 FY24^F1,F2,F3	—	Jun 30, 2026	M	535	D	—	—	Common Stock	6,144	0	D
Restricted Stock Units FY25^F1,F4	—	Jun 30, 2026	M	552	D	—	—	Common Stock	552	3,038	D
Restricted Stock Units FY26^F1,F5	—	Jun 30, 2026	M	755	D	—	—	Common Stock	755	3,773	D

Explanation of responses

F1Service-based restricted stock units ("RSUs") convert to common stock on a one-for-one basis.
F2On June 30, 2026, 3,739 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 5,609 shares. In addition, on June 30, 2026, 535 of the reporting person's service-based RSUs vested. Accordingly, the reporting person received 535 shares in the aggregate as a result of the settlement of these RSUs, as well as a payment in cash in lieu of 5,609 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.