Kforce (NASDAQ: KFRC) COO reports 672-share restructuring and dividend-related stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KFORCE INC Chief Operating Officer David M. Kelly reported an administrative share change and dividend-related stock on a Form 4. The filing shows an "other" type transaction involving 672 shares of common stock, tied to a cash dividend of $0.40 per share declared on April 24, 2026.
These additional shares of restricted stock were received in connection with that dividend and will vest under Kelly’s existing restricted stock agreements. Following the update, he directly holds 138,661 common shares, including 84,518 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KELLY DAVID M
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 672 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 138,661 shares (Direct, null)
Footnotes (1)
- The transaction is disclosing a change in the form of beneficial ownership from direct to indirect that is exempt from reporting under Rule 16a-13. On April 24, 2026, the issuer declared a cash dividend of $0.40 per share of common stock, payable June 26, 2026 to all shareholders of record on June 12, 2026 (the "Dividend"). The additional shares of restricted stock were received by the reporting person in connection with the Dividend and will vest in accordance with the terms of the reporting person's outstanding restricted stock agreement(s). Includes 84,518 shares of restricted stock.
Key Figures
Other transaction shares: 672 shares
Shares held after transaction: 138,661 shares
Restricted stock included: 84,518 shares
+3 more
6 metrics
Other transaction shares
672 shares
Code J "other" transaction in common stock
Shares held after transaction
138,661 shares
Total direct common stock holdings post-transaction
Restricted stock included
84,518 shares
Restricted stock included within total holdings
Cash dividend per share
$0.40 per share
Dividend declared April 24, 2026 on common stock
Dividend record date
June 12, 2026
Shareholders of record date for $0.40 dividend
Dividend payment date
June 26, 2026
Payment date for the $0.40 cash dividend
Key Terms
Rule 16a-13, beneficial ownership, restricted stock, cash dividend
4 terms
Rule 16a-13 regulatory
"The transaction is disclosing a change in the form of beneficial ownership from direct to indirect that is exempt from reporting under Rule 16a-13."
beneficial ownership financial
"The transaction is disclosing a change in the form of beneficial ownership from direct to indirect that is exempt from reporting under Rule 16a-13."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
restricted stock financial
"The additional shares of restricted stock were received by the reporting person in connection with the Dividend and will vest in accordance with the terms of the reporting person's outstanding restricted stock agreement(s)."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
cash dividend financial
"On April 24, 2026, the issuer declared a cash dividend of $0.40 per share of common stock, payable June 26, 2026 to all shareholders of record on June 12, 2026 (the "Dividend")."
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
FAQ
What did Kforce (KFRC) COO David Kelly report in this Form 4?
David Kelly reported an "other" type transaction involving 672 Kforce common shares. These shares relate to a dividend and reflect an administrative update to his holdings, rather than an open-market buy or sell transaction.
Was the Kforce (KFRC) Form 4 transaction a stock purchase or sale?
The Form 4 does not show a purchase or sale. It reports an "other" transaction under code J, describing an administrative change and dividend-related restricted stock, not an open-market trade by David Kelly.
What dividend is connected to the Kforce (KFRC) Form 4 filing?
The filing references a cash dividend of $0.40 per Kforce common share. The dividend was declared on April 24, 2026 and is payable on June 26, 2026 to shareholders of record as of June 12, 2026.
What does the Rule 16a-13 reference mean in the Kforce (KFRC) Form 4?
The footnote states the transaction reflects a change in the form of beneficial ownership that is exempt under Rule 16a-13. This indicates an administrative shift in how the shares are held, not a traditional market trade.