Kelly Services (KELYA) SVP receives 23,447-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Soares Nicola M reported acquisition or exercise transactions in this Form 4 filing.
Kelly Services Inc reported that Senior Vice President Nicola M. Soares received a grant of 23,447 shares of Class A common stock valued at $8.53 per share. This is a restricted stock award under the Kelly Services Equity Incentive Plan and will cliff vest in two years on the grant anniversary. Following this compensation-related award, Soares directly holds 76,992 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Soares Nicola M
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock, Par Value $1 | 23,447 | $8.53 | $200K |
Holdings After Transaction:
Class A Common Stock, Par Value $1 — 76,992 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Kelly Services (KELYA) report for Nicola M. Soares?
Kelly Services reported that Senior Vice President Nicola M. Soares received a grant of 23,447 shares of Class A common stock. The shares were awarded at $8.53 per share as a restricted stock grant under the company’s equity incentive plan.
Was the Kelly Services (KELYA) Form 4 transaction a market purchase or a stock award?
The Form 4 shows a stock award, not a market purchase. Nicola M. Soares acquired 23,447 shares through a restricted stock grant classified as a grant or award acquisition, rather than buying shares on the open market.
What are the vesting terms of the Kelly Services (KELYA) restricted stock granted to Nicola M. Soares?
The restricted stock award to Nicola M. Soares cliff vests in two years on the anniversary date of the grant. Until vesting, the shares are subject to restrictions under the Kelly Services Equity Incentive Plan as disclosed in the footnote.
What role does Nicola M. Soares hold at Kelly Services (KELYA) in this Form 4?
In the Form 4, Nicola M. Soares is identified as a Senior Vice President of Kelly Services Inc. The reported transaction reflects an equity-based compensation grant associated with her executive officer position at the company.