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Board member Edward Escudero receives 3,732 Kelly Services (KELYA) shares

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

Rhea-AI Filing Summary

Kelly Services Inc. director Edward Escudero reported receiving a grant of Class A common stock. On January 30, 2026, he acquired 3,732 shares at a value of $10.79 per share under the company’s Equity Incentive Plan as a prorated portion of his annual board retainer. After this award, he directly owns 3,732 Class A shares.

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Negative

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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
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 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)
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
Class A Common Stock, Par Value $1 01/30/2026 A 3,732(1) A $10.79 3,732 D
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
Explanation of Responses:
1. Stock was granted under the terms of the Equity Incentive Plan. The award represents a prorated portion of the annual retainer paid to covered members of the Kelly Services, Inc. Board of Directors. The stock was valued at $10.79 per share at market close on 1/30/2026.
/s/ Cynthia D. Mull, attorney-in-fact for Mr. Escudero 02/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Edward Escudero report for KELYA?

Edward Escudero reported receiving 3,732 shares of Kelly Services Class A common stock. The shares were granted as equity compensation under the company’s Equity Incentive Plan, reflecting a prorated portion of his annual retainer for serving on the Board of Directors.

Was the Edward Escudero Form 4 transaction a purchase or a grant for KELYA?

The Form 4 shows a stock grant to Edward Escudero, not an open-market purchase. He acquired 3,732 Class A shares as compensation under Kelly Services’ Equity Incentive Plan, tied to his role as a covered member of the Board of Directors.

At what price were Edward Escudero’s KELYA shares valued in this Form 4?

The granted shares were valued at $10.79 per share. This valuation reflects the market close price on January 30, 2026, which was used to determine the number of Kelly Services Class A shares awarded for his prorated annual board retainer.

How many KELYA shares does Edward Escudero own after this reported transaction?

Following the reported grant, Edward Escudero beneficially owns 3,732 shares of Kelly Services Class A common stock. The Form 4 indicates these shares are held directly, reflecting only this award under the company’s Equity Incentive Plan as disclosed.

What is the purpose of the KELYA stock grant reported by Edward Escudero?

The stock grant compensates Edward Escudero for his service on the Kelly Services Board. It represents a prorated portion of the annual retainer paid to covered directors, delivered in Class A common stock under the company’s Equity Incentive Plan.

Does Edward Escudero hold the reported KELYA shares directly or indirectly?

The Form 4 identifies Edward Escudero’s ownership of the 3,732 Class A shares as direct. There is no indication in the filing or footnote that the shares are held through a trust, partnership, or other indirect ownership vehicle.
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