Kelly Services (KELYA) director receives 5,000-share equity award via deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kelly Services director Michael J. Wartell reported a compensation-related equity award. On June 18, 2026, an indirect acquisition of 5,000 shares of Class A common stock was recorded at $11.36 per share through the issuer's Non-Employee Directors Deferred Compensation Plan.
The footnote explains this is a one-time equity award granted in recognition of Wartell’s service on Kelly’s Independent Special Committee. Following this award, indirect holdings reported under the plan total 30,940.2 shares. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wartell Michael J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, Par Value $1 | 5,000 | $11.36 | $57K |
Holdings After Transaction:
Class A Common Stock, Par Value $1 — 30,940.2 shares (Indirect, by Issuer's Non-Employee Directors Deferred Compensation Plan)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 5,000 shares
Award reference price: $11.36 per share
Holdings after transaction: 30,940.2 shares
+3 more
6 metrics
Equity award size
5,000 shares
One-time award to Michael J. Wartell
Award reference price
$11.36 per share
Class A Common Stock, Par Value $1
Holdings after transaction
30,940.2 shares
Indirect holdings via deferred compensation plan
Transaction code
A (Grant, award, or other acquisition)
Form 4 insider transaction classification
Exercise date
May 7, 2026
Equity award exercise date field
Expiration date
May 7, 2036
Equity award expiration date field
Key Terms
Non-Employee Directors Deferred Compensation Plan, Class A Common Stock, Par Value $1, Grant, award, or other acquisition, Independent Special Committee
4 terms
Non-Employee Directors Deferred Compensation Plan financial
"by Issuer's Non-Employee Directors Deferred Compensation Plan"
Class A Common Stock, Par Value $1 financial
"security_title: Class A Common Stock, Par Value $1"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Independent Special Committee financial
"granted in recognition of service as a member of Kelly's Independent Special Committee"
FAQ
What insider transaction did Kelly Services (KELYA) report for Michael J. Wartell?
Kelly Services reported an indirect acquisition of 5,000 shares of Class A common stock for director Michael J. Wartell. The shares were awarded through the Non-Employee Directors Deferred Compensation Plan as a one-time equity grant recognizing his service on the company’s Independent Special Committee.
Why did Michael J. Wartell receive a one-time equity award from Kelly Services (KELYA)?
The footnote states the 5,000-share equity award was granted in recognition of Michael J. Wartell’s service as a member of Kelly’s Independent Special Committee. This characterizes the transaction as compensation for board-related responsibilities rather than an open-market trading decision by the director.
Is the Kelly Services (KELYA) Form 4 for Michael J. Wartell a buy or a sale?
The Form 4 reflects an acquisition coded as a grant or award, not an open-market buy or sale. It records 5,000 shares of Class A common stock awarded through the Non-Employee Directors Deferred Compensation Plan as compensation for Wartell’s Independent Special Committee service.