Director grant in Kelly Services (KELYA) via deferred stock plan
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 received an award of 5,205 shares of Class A Common Stock, valued at $8.51 per share, credited under the company’s Non-Employee Directors Deferred Compensation Plan. Following this compensation-related grant, his indirect holdings reported under the plan total 10,181 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hunt James Christopher
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, Par Value $1 | 5,205 | $8.51 | $44K |
Holdings After Transaction:
Class A Common Stock, Par Value $1 — 10,181 shares (Indirect, by Issuer's Non-Employee Directors Deferred Compensation Plan)
Footnotes (1)
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FAQ
What insider transaction did Kelly Services (KELYA) disclose for James Christopher Hunt?
Kelly Services disclosed that director James Christopher Hunt received an award of 5,205 shares of Class A Common Stock. The award was part of his retainer, deferred into stock under the Non-Employee Directors Deferred Compensation Plan, rather than an open-market purchase.
Was the KELYA insider transaction an open-market buy or a compensation grant?
The KELYA insider transaction was a compensation-related grant, not an open-market purchase. Hunt’s cash retainer was deferred into 5,205 shares of Class A Common Stock through the Non-Employee Directors Deferred Compensation Plan, as described in the filing footnote.
How is the Kelly Services Non-Employee Directors Deferred Compensation Plan involved in this Form 4?
The plan is central to this Form 4, as Hunt’s cash retainer was deferred into Class A Common Stock under it. The reported 5,205-share grant and the total 10,181 indirect shares both relate to his participation in this deferred compensation arrangement for non-employee directors.