KFRC Insider Disclosure: 376 Shares Issued Under $0.39 Dividend
Rhea-AI Filing Summary
Kforce Inc. (KFRC) Form 4: This filing reports that Andrew G. Thomas, Chief Experience Officer and director, received 376 shares of common stock on 09/12/2025 as a dividend that is exempt from Section 16 reporting under Rule 16a. The shares were issued in connection with a cash dividend declared at $0.39 per share on July 25, 2025, payable September 26, 2025 to shareholders of record on September 12, 2025. After the transaction Mr. Thomas beneficially owns 96,969 shares, which includes 29,819 restricted shares. The filing is signed by an attorney-in-fact on 09/16/2025.
Positive
- Dividend received in shares was properly disclosed as exempt under Rule 16a
- Beneficial ownership is clearly stated at 96,969 shares, improving transparency
- Restricted shares disclosure (29,819 shares) clarifies vesting status and compensation structure
Negative
- None.
Insights
TL;DR Insider received a small, non-cash dividend in shares; beneficial ownership modestly adjusted with no cash purchase or sale.
The reported transaction is a routine share dividend distribution exempt from Section 16 reporting under Rule 16a, reflecting a corporate cash dividend declared at $0.39 per share and paid partially via restricted stock to the reporting person. The immediate financial effect on the reporter is non-cash; the filing shows total beneficial ownership of 96,969 shares including 29,819 restricted shares. There is no evidence in this filing of a purchase, sale, option exercise, or change to compensation beyond the dividend issuance.
TL;DR The Form 4 documents a compliant, exemption-based issuance of dividend shares to an officer; no governance red flags presented.
The disclosure indicates the company declared a cash dividend and issued additional restricted stock to an insider as part of that dividend, with clear explanation and timely filing. The form is signed by an attorney-in-fact, and the filing notes vesting will follow existing restricted stock agreements. The transaction is routine and appropriately qualified under Rule 16a; the filing does not disclose any unusual related-party arrangements or amendments to equity agreements.