Kforce (NASDAQ: KFRC) director logs 48-share restructuring move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kforce Inc. director Mark F. Furlong reported a small change in his share holdings that does not involve a market buy or sell. The Form 4 shows an "other" transaction for 48 shares of common stock on March 6, 2026, leaving him with 29,707 shares held directly.
Footnotes explain this reflects a change in the form of beneficial ownership from direct to indirect under Rule 16a-13, and additional restricted shares received in connection with a $0.40 per-share cash dividend declared on January 30, 2026, payable March 20, 2026 to shareholders of record on March 6, 2026. His position includes 3,352 restricted shares that will vest under existing agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FURLONG MARK F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 48 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,707 shares (Direct)
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 January 30, 2026, the issuer declared a cash dividend of $0.40 per share of common stock, payable March 20, 2026 to all shareholders of record on March 6, 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 3,352 shares of restricted stock.
FAQ
What insider transaction did Kforce (KFRC) director Mark F. Furlong report?
Mark F. Furlong reported an "other" transaction involving 48 shares of Kforce common stock. This was a change in the form of beneficial ownership and dividend-related restricted shares, rather than an open-market purchase or sale.
What dividend details are connected to this Kforce (KFRC) insider filing?
Kforce declared a cash dividend of $0.40 per common share on January 30, 2026, payable March 20, 2026, to shareholders of record on March 6, 2026. Furlong received additional restricted shares in connection with this dividend.
What does the J code mean in the Kforce (KFRC) Form 4 transaction?
The J transaction code denotes an "other" acquisition or disposition type. Here, it reflects a restructuring of how shares are held and dividend-related restricted stock adjustments, not a straightforward open-market purchase or sale of Kforce shares.