[Form 4] KFORCE INC Insider Trading Activity
Rhea-AI Filing Summary
Kforce Inc. director equity update: A Kforce Inc. (KFRC) director reported changes in equity holdings. The filing shows a grant of 73 Restricted Stock Units (RSUs) of Kforce Inc. common stock, issued under the company’s stock incentive plan in consideration of service as a director. Each RSU represents a contingent right to receive one share of common stock, and these RSUs vest one year from the grant date, subject to continued board service. After the reported transactions, the director beneficially owns 6,850 shares of Kforce Inc. common stock directly and 5,626 RSUs directly. The filing also notes that dividend equivalent rights accrue on these RSUs when dividends are paid on Kforce Inc. common stock and that one disclosed transaction relates to a dividend that is exempt from reporting under Rule 16a.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Restricted Stock Units | 73 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. The Restricted Stock Units ("RSUs") were granted under the stock incentive plan approved at the time and in consideration of the Reporting Person's service as a director. Each RSU represents a contingent right to receive one share of Kforce Inc. common stock.
- F2. The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- F3. RSUs vest one year from the date of the grant subject to the reporting person's continued service with Kforce Inc. as of the vesting date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Kforce Inc. common stock.
FAQ
What insider transaction did Kforce Inc. (KFRC) report in this Form 4?
What are the key terms of the RSUs granted by Kforce Inc. (KFRC)?
How are dividends handled for the Kforce Inc. (KFRC) RSUs reported in this Form 4?
What is the relationship of the reporting person to Kforce Inc. (KFRC)?
Are the reported Kforce Inc. (KFRC) securities held directly or indirectly?
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