Kforce (KFRC) director reports 38-share restructuring and dividend-related stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kforce Inc. director N. John Simmons reported an administrative change in his equity holdings and a small dividend-related stock adjustment. A Form 4 shows an "other" transaction involving 38 shares of common stock tied to a restructuring of beneficial ownership and a previously declared cash dividend of $0.40 per share.
Following the transaction, Simmons directly holds 25,424 shares of Kforce common stock, which includes 4,820 shares of restricted stock that will vest under existing restricted stock agreements. The change is described as a shift in the form of beneficial ownership exempt under Rule 16a-13 rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIMMONS N JOHN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 38 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,424 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 4,820 shares of restricted stock.
Key Figures
Other transaction shares: 38 shares
Shares held after transaction: 25,424 shares
Restricted stock included: 4,820 shares
+3 more
6 metrics
Other transaction shares
38 shares
Non-derivative common stock, Form 4 code J
Shares held after transaction
25,424 shares
Total direct Kforce common stock holdings after Form 4
Restricted stock included
4,820 shares
Restricted shares included within total direct holdings
Declared cash dividend
$0.40 per share
Dividend declared on April 24, 2026 for Kforce 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 declared $0.40 dividend
Key Terms
restricted stock, beneficial ownership, Rule 16a-13, cash dividend
4 terms
restricted stock financial
"The additional shares of restricted stock were received by the reporting person in connection with the Dividend"
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.
beneficial ownership financial
"disclosing a change in the form of beneficial ownership from direct to indirect"
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.
Rule 16a-13 regulatory
"change in the form of beneficial ownership from direct to indirect that is exempt from reporting under Rule 16a-13"
cash dividend financial
"the issuer declared a cash dividend of $0.40 per share of common stock"
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 insider transaction did Kforce (KFRC) director N. John Simmons report?
N. John Simmons reported an "other" Form 4 transaction involving 38 shares of Kforce common stock. The filing describes it as a restructuring of beneficial ownership and a dividend-related stock adjustment, rather than a traditional open-market purchase or sale.
What dividend did Kforce (KFRC) declare in connection with this Form 4 event?
Kforce declared a cash dividend of $0.40 per common share on April 24, 2026. The dividend is payable on June 26, 2026 to shareholders of record as of June 12, 2026, and generated additional restricted shares for the reporting person.
Why is the Kforce (KFRC) Form 4 transaction labeled as an "other" event?
The transaction is labeled as "other" because it reflects a change in the form of beneficial ownership and a dividend-related restricted stock adjustment. It is reported as exempt under Rule 16a-13, rather than as a standard market buy or sell transaction.
Does the Kforce (KFRC) Form 4 indicate derivative securities or option exercises?
The Form 4 data shows no derivative securities transactions or option exercises for this event. The filing instead records a single non-derivative common stock transaction classified as a restructuring-related change in beneficial ownership and dividend-linked restricted stock adjustment.