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Kelly Services (KELYA) director receives deferred stock awards

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kelly Services director Edward Escudero reported compensation-related stock awards through a deferred compensation plan. On May 7, 2026, he indirectly acquired two blocks of Class A Common Stock via the issuer’s Non-Employee Directors Deferred Compensation Plan, reflecting deferred retainer amounts rather than open-market purchases.

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Insider Escudero Edward
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock, Par Value $1 15,463.92 $9.70 $150K
Grant/Award Class A Common Stock, Par Value $1 10,309.28 $9.70 $100K
Holdings After Transaction: Class A Common Stock, Par Value $1 — 22,350.92 shares (Indirect, by Issuer's Non-Employee Directors Deferred Compensation Plan)
Footnotes (1)
  1. Shares deferred pursuant to the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan. Cash portion of retainer deferred into Class A Common Stock pursuant to Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan.
Deferred award 1 10,309.2800 shares Underlying Class A Common Stock credited May 7, 2026
Deferred award 2 15,463.9200 shares Underlying Class A Common Stock credited May 7, 2026
Reference price $9.7000 per share Valuation used for both deferred awards
Exercise date January 30, 2026 Exercise date listed for both derivative awards
Expiration date March 18, 2036 Expiration date listed for both derivative awards
Non-Employee Directors Deferred Compensation Plan financial
"Shares deferred pursuant to the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan."
grant/award acquisition financial
"transaction_action: grant/award acquisition for both derivative entries"
Class A Common Stock, Par Value $1 financial
"security_title: Class A Common Stock, Par Value $1"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 MICHIGAN 48084
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
KELLY SERVICES INC [ KELYA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class A Common Stock, Par Value $1$005/07/2026A15,463.92(1)01/30/202603/18/2036Class A Common Stock, Par Value $115,463.92$9.722,350.92Iby Issuer's Non-Employee Directors Deferred Compensation Plan
Class A Common Stock, Par Value $1$005/07/2026A10,309.28(2)01/30/202603/18/2036Class A Common Stock, Par Value $110,309.28$9.732,660.2Iby 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.
2. Cash portion of retainer deferred into Class A Common Stock pursuant to Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan.
/s/ Cynthia D. Mull, attorney-in-fact for Mr. Escudero05/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Kelly Services (KELYA) director Edward Escudero report in this Form 4?

Edward Escudero reported indirect acquisitions of Class A Common Stock as compensation. The awards were made through Kelly Services’ Non-Employee Directors Deferred Compensation Plan, reflecting retainer amounts deferred into stock rather than open-market transactions.

How many Kelly Services (KELYA) shares were granted to Edward Escudero?

Two derivative awards were reported: 10,309.2800 underlying shares and 15,463.9200 underlying shares of Class A Common Stock. Both are tied to the issuer’s Non-Employee Directors Deferred Compensation Plan and represent deferred compensation, not direct share purchases on the market.

At what price were Edward Escudero’s Kelly Services (KELYA) deferred stock awards valued?

Both reported awards reference a transaction price of $9.70 per share. This figure is used in the Form 4 for valuation of the Class A Common Stock tied to the deferred compensation entries, not as an open-market trade price.

Are Edward Escudero’s Kelly Services (KELYA) awards direct or indirect holdings?

The reported positions are indirect. The Form 4 lists ownership as indirect via the issuer’s Non-Employee Directors Deferred Compensation Plan, meaning the awards are credited to a plan account rather than held directly in Escudero’s personal brokerage account.

What do the footnotes in Edward Escudero’s Kelly Services (KELYA) Form 4 explain?

The footnotes state that shares are deferred under Kelly Services’ Non-Employee Directors Deferred Compensation Plan and that the cash portion of the director retainer was deferred into Class A Common Stock under that plan, clarifying these are compensation deferrals.