STOCK TITAN

Kelly Services (KELYA) VP sees 1,025 shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KELLY SERVICES INC executive Nicholas Zuhlke, VP and Chief Accounting Officer, reported a tax-withholding disposition of 1,025 shares of Class A common stock at $14.33 per share. These shares were withheld by the issuer to satisfy tax obligations related to vesting of previously reported restricted stock awards.

Following this non-open-market event, Zuhlke directly holds 23,457 Class A common shares.

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Insider Zuhlke Nicholas
Role VP, Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock, Par Value $1 1,025 $14.33 $15K
Holdings After Transaction: Class A Common Stock, Par Value $1 — 23,457 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,025 shares Shares of Class A common stock withheld to satisfy tax obligations on vesting
Withholding share value $14.33 per share Price used for the tax-withholding disposition of 1,025 shares
Shares held after transaction 23,457 shares Directly held Class A common shares by Nicholas Zuhlke following the disposition
tax withholding obligations financial
"shares withheld by the issuer to satisfy applicable tax withholding obligations"
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 disposition financial
"reported a tax-withholding disposition of 1,025 shares of Class A common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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FAQ

What insider transaction did KELLY SERVICES INC (KELYA) disclose for Nicholas Zuhlke?

KELLY SERVICES INC disclosed that VP and Chief Accounting Officer Nicholas Zuhlke had 1,025 shares of Class A common stock withheld. The issuer used these shares to satisfy tax withholding obligations tied to vesting of previously reported restricted stock awards.

Was the recent KELYA insider transaction an open-market sale?

No, the KELYA transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer at $14.33 per share to cover taxes owed on vesting restricted stock awards previously granted to Nicholas Zuhlke.

How many Kelly Services (KELYA) shares were withheld for taxes from Nicholas Zuhlke?

A total of 1,025 shares of Kelly Services Class A common stock were withheld. The issuer used these shares to meet applicable tax withholding obligations arising from the vesting of restricted stock awards previously reported for Nicholas Zuhlke.

What is Nicholas Zuhlke’s remaining Kelly Services (KELYA) shareholding after the tax withholding?

After the tax-withholding disposition, Nicholas Zuhlke directly holds 23,457 shares of Kelly Services Class A common stock. This remaining position reflects his direct ownership following the issuer’s withholding of 1,025 shares to satisfy tax obligations.

At what price were the withheld KELYA shares valued for the tax obligation?

The 1,025 withheld shares were valued at $14.33 per share. This valuation was used as part of the tax-withholding disposition associated with the vesting of restricted stock awards held by Kelly Services executive Nicholas Zuhlke.
SEC Form 4
FORM 4UNITED 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*
Zuhlke Nicholas

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock, Par Value $107/15/2026F1,025(1)D$14.3323,457D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Cynthia D. Mull, attorney-in-fact for Mr. Zuhlke07/16/2026
** Signature of Reporting PersonDate
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)