Kelly Services CEO has 15,998 shares withheld for tax
KELLY SERVICES INC (KELYA) reported that President and CEO Christopher D. Layden had 15,998 shares of Class A common stock withheld on September 15, 2026 to satisfy tax withholding obligations tied to previously reported restricted stock vesting.
Rhea-AI Filing Summary
KELLY SERVICES INC (KELYA) reported that President and CEO Christopher D. Layden had 15,998 shares of Class A common stock withheld on September 15, 2026 to satisfy tax withholding obligations tied to previously reported restricted stock vesting. After this tax-withholding disposition, he directly holds 366,515 shares.
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Insights
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Insider Trade Summary
Tax Withholding: 15,998 shares
Tax Withholding
1 txn
Insider
Layden Christopher D.
Role
President, and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock, Par Value $1 F1 | 15,998 | $16.45 | $263K |
Holdings After Transaction:
Class A Common Stock, Par Value $1 — 366,515 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock awards previously reported.
Key Figures
Shares withheld for taxes: 15,998 shares
Price per share for withholding: $16.45 per share
Shares held after transaction: 366,515 shares
3 metrics
Shares withheld for taxes
15,998 shares
Class A common stock withheld on September 15, 2026 for tax obligations
Price per share for withholding
$16.45 per share
Valuation used for the 15,998 withheld shares
Shares held after transaction
366,515 shares
Direct Class A common stock holdings of CEO after September 15, 2026
Key Terms
restricted stock awards, tax withholding obligations, withheld by the issuer
3 terms
restricted stock awards financial
"in connection with the vesting of restricted stock awards previously reported"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
tax withholding obligations financial
"to satisfy applicable tax withholding obligations in connection with the vesting"
withheld by the issuer financial
"Represents the number of shares withheld by the issuer to satisfy"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KELYA report for CEO Christopher D. Layden?
KELLY SERVICES INC reported that CEO Christopher D. Layden had 15,998 shares of Class A common stock withheld on September 15, 2026 to cover tax withholding obligations from the vesting of previously reported restricted stock awards.
Was the KELYA CEO’s September 15, 2026 transaction an open-market sale?
No. The filing states the 15,998 shares represent shares withheld by the issuer to satisfy applicable tax withholding obligations in connection with the vesting of restricted stock awards, not an open-market sale.
Was the KELYA CEO’s Form 4 transaction under a Rule 10b5-1 trading plan?
The document-level checkbox for Rule 10b5-1 is not affirmed, and no footnote indicates a trading plan, so the tax-withholding disposition is not reported as occurring under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.