Kforce (NASDAQ: KFRC) director updates holdings with dividend-linked equity changes
Rhea-AI Filing Summary
Kforce Inc. director Derrick Dewan Brooks reported administrative equity changes with no open-market trading. The filing shows a code J entry for 38 shares of common stock and 84 Restricted Stock Units, both at a stated price of $0.00 per share, reflecting restructuring-type transactions rather than buys or sells.
After these updates, he directly holds 6,931 shares of common stock, which includes 4,820 shares of restricted stock, and 10,559 Restricted Stock Units. The footnotes explain that additional restricted shares were issued in connection with a $0.40 per-share cash dividend declared for shareholders of record on June 12, 2026, and that RSUs were granted under a stock incentive plan and vest after one year of service.
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Insider Trade Summary
Net Buyer: 38 shares
Net Buy
2 txns
Insider
Brooks Derrick Dewan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Restricted Stock Units | 84 | $0.00 | $0.00 |
| Other | Common Stock | 38 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 10,559 shares (Direct);
Common Stock — 6,931 shares (Direct)
Footnotes (6)
- F1. 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.
- F2. 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).
- F3. Includes 4,820 shares of restricted stock.
- F4. 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.
- F5. The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- F6. 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.
Key Figures
Common stock transaction: 38 shares
RSU transaction: 84 RSUs
Common shares after transaction: 6,931 shares
+3 more
6 metrics
Common stock transaction
38 shares
Code J other acquisition or disposition at $0.00 per share
RSU transaction
84 RSUs
Code J derivative entry at $0.00 per unit
Common shares after transaction
6,931 shares
Total common stock directly held following transaction
Restricted stock included
4,820 shares
Restricted stock included in total common shares held
RSUs after transaction
10,559 RSUs
Total Restricted Stock Units directly held following transaction
Cash dividend per share
$0.40
Dividend on common stock payable June 26, 2026
Key Terms
Restricted Stock Units, Rule 16a-13, dividend equivalent rights, stock incentive plan, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") were granted under the stock incentive plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16a-13 regulatory
"a change in the form of beneficial ownership from direct to indirect that is exempt from reporting under Rule 16a-13"
dividend equivalent rights financial
"Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
stock incentive plan financial
"The Restricted Stock Units ("RSUs") were granted under the stock incentive plan approved at the time"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
beneficial ownership financial
"The transaction is 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kforce (KFRC) director Derrick Brooks report in this Form 4?
He reported administrative equity changes totaling 38 common shares and 84 Restricted Stock Units at $0.00 per share. These code J entries reflect non-market restructuring-type transactions rather than open-market buys or sells, updating his reported holdings in Kforce equity awards.
Did Derrick Brooks buy or sell Kforce (KFRC) stock on the open market?
No open-market buys or sells were reported. Both transactions are coded J as “other acquisition or disposition” at $0.00 per share, indicating restructuring-type or administrative changes related to dividends and equity awards, rather than discretionary trading in Kforce common stock.
What dividend did Kforce (KFRC) declare that affected Derrick Brooks’ restricted stock?
Kforce declared a cash dividend of $0.40 per share of common stock, payable June 26, 2026 to shareholders of record on June 12, 2026. Additional restricted shares were received in connection with this dividend and will vest based on existing restricted stock agreement terms.
How do Derrick Brooks’ Kforce (KFRC) Restricted Stock Units work?
His Restricted Stock Units were granted under a stock incentive plan for director service, with each RSU representing a right to one Kforce common share. They vest one year from the grant date, and dividend equivalent rights accrue as Kforce pays dividends on its common stock.
Are the Kforce (KFRC) Form 4 transactions exempt under SEC rules?
Yes, the footnotes state the form reflects a change in the form of beneficial ownership exempt under Rule 16a-13 and a dividend that is exempt under Rule 16a. These provisions allow reporting of certain non-market ownership changes and dividend-related adjustments without treating them as standard trades.