Kelly Services (KELYA) director Escudero awarded deferred stock units

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Escudero Edward

(Last) (First) (Middle)

999 W. BIG BEAVER ROAD

(Street)

TROY MI 48084

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KELLY SERVICES INC [ KELYA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Common Stock, Par Value $1	$0	01/30/2026		A		3,732(1)		01/30/2026	03/18/2036	Class A Common Stock, Par Value $1	3,732	$10.79	3,732	I	by Issuer's Non-Employee Directors Deferred Compensation Plan

Explanation of Responses:

1. Shares deferred pursuant to the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan.

	/s/ Cynthia D. Mull, attorney-in-fact for Mr. Escudero	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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.

How many Kelly Services shares are tied to Escudero’s deferred compensation award?

The reported derivative award is linked to 3,732 shares of Kelly Services Class A common stock. These interests are held indirectly through the Non-Employee Directors Deferred Compensation Plan, and the filing lists 3,732 underlying shares following the transaction as Escudero’s deferred position.

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.