Schedule 13G: Barclays Holds 1,862,138 Shares of KELYB
Rhea-AI Filing Summary
Barclays PLC reports ownership of 1,862,138 shares, representing 5.83% of Kelly Services Inc -A common stock. The filing shows Barclays holds no sole or shared voting power and no sole or shared dispositive power over these shares, and the statement certifies the securities are held in the ordinary course of business and not to influence control of the issuer. The filing names Barclays Bank PLC, Barclays Capital Inc and Barclays Capital Securities Ltd in connection with the parent/subsidiary identification and lists issuer headquarters at 999 West Big Beaver Road.
Positive
- Disclosed stake exceeds 5% threshold, with an explicit amount of 1,862,138 shares (5.83%)
- Certification states the securities are held in the ordinary course of business and not to influence control
- Parent and related entities identified: Barclays Bank PLC, Barclays Capital Inc, Barclays Capital Securities Ltd
Negative
- Reported voting power is 0 (sole and shared voting power both listed as 0)
- Reported dispositive power is 0 (sole and shared dispositive power both listed as 0)
Insights
TL;DR: Barclays discloses a 5.83% stake (1,862,138 shares) in Kelly Services with no voting or dispositive power reported.
The filing documents a disclosed economic interest equal to 5.83% of the class, which meets the threshold that triggers Schedule 13G reporting. The report explicitly records 0 for sole and shared voting power and 0 for sole and shared dispositive power, and includes a certification that the shares are held in the ordinary course of business and not to change or influence control. Parent and related entities are identified as Barclays Bank PLC, Barclays Capital Inc and Barclays Capital Securities Ltd, consistent with a parent holding-company filing.
TL;DR: Schedule 13G shows a relevant >5% disclosure but the filer asserts a non-control holding and reports no voting/dispositive authority.
The document provides clear, enumerated ownership metrics: 1,862,138 shares (5.83%) and explicit zeros for voting and dispositive powers. The filing also contains the required certification language stating the position is held in the ordinary course of business and not for influencing control. Identification of specific Barclays subsidiaries is included, providing transparency on the entities related to the reported position.