Kelly Services (KELYA) director receives deferred Class A stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hunt James Christopher reported acquisition or exercise transactions in this Form 4 filing.
Kelly Services director James Christopher Hunt reported new equity awards and current holdings. The filing shows two grants of Class A common stock equivalents, totaling 17,010.31 and 20,618.56 shares at $9.70 per share, credited under the Non-Employee Directors Deferred Compensation Plan.
These awards are held indirectly through the issuer's Non-Employee Directors Deferred Compensation Plan. The filing also reports Hunt’s direct ownership of 25,000 Class A shares and 100 Class B shares following the reported date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hunt James Christopher
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, Par Value $1 | 20,618.56 | $9.70 | $200K |
| Grant/Award | Class A Common Stock, Par Value $1 | 17,010.31 | $9.70 | $165K |
| holding | Class B Common Stock, Par Value $1 | -- | -- | -- |
| holding | Class A Common Stock, Par Value $1 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock, Par Value $1 — 30,799.56 shares (Indirect, by Issuer's Non-Employee Directors Deferred Compensation Plan);
Class B Common Stock, Par Value $1 — 100 shares (Direct, null);
Class A Common Stock, Par Value $1 — 25,000 shares (Direct, null)
Footnotes (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.
Key Figures
Deferred award 1: 17,010.31 shares
Deferred award 2: 20,618.56 shares
Reference price: $9.70 per share
+4 more
7 metrics
Deferred award 1
17,010.31 shares
Class A share equivalents granted under deferred compensation plan
Deferred award 2
20,618.56 shares
Class A share equivalents granted under deferred compensation plan
Reference price
$9.70 per share
Price used for deferred Class A stock awards
Direct Class A holdings
25,000 shares
Direct Class A common stock after reported date
Direct Class B holdings
100 shares
Direct Class B common stock after reported date
Indirect deferred balance 1
47,809.87 units
Class A deferred stock units following one award
Indirect deferred balance 2
30,799.56 units
Class A deferred stock units following second award
Key Terms
Non-Employee Directors Deferred Compensation Plan, Class A Common Stock, Par Value $1, Class B Common Stock, Par Value $1, grant/award acquisition
4 terms
Non-Employee Directors Deferred Compensation Plan financial
"Shares deferred pursuant to the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan."
Class A Common Stock, Par Value $1 financial
"Class A Common Stock, Par Value $1"
Class B Common Stock, Par Value $1 financial
"Class B Common Stock, Par Value $1"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
FAQ
What did James Christopher Hunt report in his Form 4 for KELYA?
Director James Christopher Hunt reported deferred stock awards and updated holdings. He received Class A common stock equivalents under Kelly Services’ Non-Employee Directors Deferred Compensation Plan and disclosed his direct ownership of 25,000 Class A shares and 100 Class B shares after the reported date.
Were these KELYA transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They are coded as acquisition grants under a deferred compensation plan, meaning shares were awarded as director compensation rather than purchased or sold in the market on the transaction date.
How are Hunt’s deferred stock awards in KELYA held?
The deferred awards are held indirectly through Kelly Services’ Non-Employee Directors Deferred Compensation Plan. Footnotes explain that Hunt deferred compensation, including cash portions of his retainer, into Class A common stock equivalents under this plan rather than receiving immediate cash payments.
What does the Non-Employee Directors Deferred Compensation Plan mean for KELYA directors?
The Non-Employee Directors Deferred Compensation Plan allows directors to defer fees into Class A common stock equivalents. Instead of taking cash immediately, directors receive share-based units recorded at a set price, aligning part of their compensation with Kelly Services’ equity over time.