Kelly Services (KELYA) director defers board retainer into Class A stock units

Rhea-AI Filing Summary

KELLY SERVICES INC director Michael J. Wartell reported two compensation-related acquisitions of derivative interests in Class A Common Stock through the company’s Non-Employee Directors Deferred Compensation Plan. On May 7, 2026, awards covering 10,309.280 shares and 15,463.920 shares at a reference price of $9.70 per share were credited as deferred stock units held indirectly under the plan.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Wartell Michael J.

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 — 15,463.92 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 the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan.

Key Figures

Deferred stock award 1: 10,309.280 shares Deferred stock award 2: 15,463.920 shares Reference price per share: $9.70 per share +4 more

7 metrics

Deferred stock award 1 10,309.280 shares Grant under Non-Employee Directors Deferred Compensation Plan on May 7, 2026

Deferred stock award 2 15,463.920 shares Grant under Non-Employee Directors Deferred Compensation Plan on May 7, 2026

Reference price per share $9.70 per share Used to determine size of deferred stock awards

Indirect holdings after award 1 25,773.200 shares Total derivative-related holdings shown following first transaction

Indirect holdings after award 2 15,463.920 shares Total derivative-related holdings shown following second transaction

Exercise date May 7, 2026 Exercise date for both derivative awards

Expiration date May 7, 2036 Expiration date for both derivative awards

Key Terms

Non-Employee Directors Deferred Compensation Plan, deferred compensation, Class A Common Stock, grant/award acquisition, +1 more

5 terms

Non-Employee Directors Deferred Compensation Plan financial

"Shares deferred pursuant to the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan."

deferred compensation financial

"Cash portion of retainer deferred into Class A Common Stock pursuant to the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan."

Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.

Class A Common Stock financial

"Class A Common Stock, Par Value $1"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

grant/award acquisition financial

"transaction_action: grant/award acquisition"

indirect ownership financial

"nature_of_ownership: by Issuer's Non-Employee Directors Deferred Compensation Plan"

Form 4 Insider Transactions: What Each Field Means →

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^*

Wartell Michael J.

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Common Stock, Par Value $1	$0	05/07/2026		A		15,463.92(1)		05/07/2026	05/07/2036	Class A Common Stock, Par Value $1	15,463.92	$9.7	15,463.92	I	by Issuer's Non-Employee Directors Deferred Compensation Plan
Class A Common Stock, Par Value $1	$0	05/07/2026		A		10,309.28(2)		05/07/2026	05/07/2036	Class A Common Stock, Par Value $1	10,309.28	$9.7	25,773.2	I	by 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 the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan.

	/s/ Cynthia D. Mull, attorney-in-fact for Mr. Wartell	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Michael J. Wartell report in this Form 4 for KELYA?

Michael J. Wartell reported receiving two stock-based awards linked to Kelly Services Class A Common Stock. These awards were credited to the Non-Employee Directors Deferred Compensation Plan as deferred units rather than open-market purchases or sales.

How many Kelly Services (KELYA) shares are involved in Wartell’s awards?

The filing reports awards tied to 10,309.280 and 15,463.920 Class A Common shares. These amounts represent deferred stock units credited under the Non-Employee Directors Deferred Compensation Plan, not direct share purchases in the open market.

What price per share is referenced in Wartell’s KELYA Form 4 awards?

Both awards reference a price of $9.70 per share for Kelly Services Class A Common Stock. This value is used to determine the size of the deferred stock units granted under the Non-Employee Directors Deferred Compensation Plan.

Are Wartell’s KELYA Form 4 transactions open-market buys or sells?

No, the transactions are classified as grant or award acquisitions, not open-market buys or sells. They reflect compensation deferred into stock units under Kelly Services’ Non-Employee Directors Deferred Compensation Plan rather than discretionary trading activity.

How are Wartell’s KELYA holdings characterized after these awards?

The Form 4 shows indirect holdings through the Non-Employee Directors Deferred Compensation Plan. After one award, indirect holdings total 25,773.200 related shares, and after the other, 15,463.920 related shares, each figure tied to the respective derivative position.

What plan is referenced in Wartell’s Kelly Services Form 4 footnotes?

The footnotes state that shares are deferred under the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan. They also explain that the cash portion of Wartell’s retainer is deferred into Class A Common Stock within this plan.