Kelly Services (KELYA) director Escudero awarded deferred stock units
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Kelly Services director Edward Escudero reported an acquisition of derivative interests linked to 3,732 shares of Class A common stock at $10.79 per share. The award was made through the company’s Non-Employee Directors Deferred Compensation Plan, so the holdings are reported as indirect. Following this grant, Escudero’s deferred compensation plan position reflects 3,732 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Escudero Edward
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, Par Value $1 | 3,732 | $10.79 | $40K |
Holdings After Transaction:
Class A Common Stock, Par Value $1 — 3,732 shares (Indirect, by Issuer's Non-Employee Directors Deferred Compensation Plan)
Footnotes (1)
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FAQ
What insider transaction did Edward Escudero report at Kelly Services (KELYA)?
Edward Escudero reported acquiring derivative interests tied to 3,732 shares of Kelly Services Class A common stock. The transaction used code A, meaning a grant or award, rather than an open-market purchase, and reflects compensation rather than a discretionary stock trade.
Was Edward Escudero’s Kelly Services Form 4/A transaction a stock purchase or a grant?
The Form 4/A shows a grant or award, coded A, not an open-market stock purchase. The derivative interests tied to 3,732 shares were issued under the Non-Employee Directors Deferred Compensation Plan as part of director compensation, with no buy or sell transaction reported.
At what reference price was Edward Escudero’s Kelly Services grant recorded?
The grant was recorded at a reference price of $10.79 per share for the underlying Class A common stock. This price is used for reporting purposes in the Form 4/A and reflects the value applied to the 3,732-share equivalent deferred compensation award.
How is ownership of the reported Kelly Services award classified for Edward Escudero?
The filing classifies the position as indirect ownership, held through Kelly Services’ Non-Employee Directors Deferred Compensation Plan. This means the award is credited to Escudero’s deferred account rather than as directly held common shares in a regular brokerage or personal account.