Kforce (KFRC) director gets 38 restricted shares from $0.40 dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kforce Inc director Mark F. Furlong reported a small stock adjustment tied to a recently declared cash dividend. He received 38 shares of common stock as additional restricted stock in connection with a $0.40 per-share cash dividend declared on April 24, 2026, payable on June 26, 2026 to shareholders of record on June 12, 2026.
Following this non-cash "other" transaction, he directly holds 34,527 shares of Kforce common stock, which includes 4,820 shares of restricted stock that will vest under existing restricted stock agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FURLONG MARK F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 38 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,527 shares (Direct, null)
Footnotes (1)
- The transaction is disclosing a dividend that is exempt from reporting under Rule 16a. 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
Dividend-related shares received: 38 shares
Holdings after transaction: 34,527 shares
Cash dividend per share: $0.40 per share
+3 more
6 metrics
Dividend-related shares received
38 shares
Additional restricted stock from dividend adjustment on June 12, 2026 record date
Holdings after transaction
34,527 shares
Direct Kforce common stock held by Mark F. Furlong after adjustment
Cash dividend per share
$0.40 per share
Cash dividend declared April 24, 2026 on Kforce common stock
Dividend payment date
June 26, 2026
Payable date for $0.40 cash dividend to shareholders
Dividend record date
June 12, 2026
Shareholders of record date for Kforce cash dividend
Restricted stock included
4,820 shares
Restricted stock included in Furlong’s 34,527 total shares
Key Terms
Rule 16a, restricted stock, cash dividend
3 terms
Rule 16a regulatory
"The transaction is disclosing a dividend that is exempt from reporting under Rule 16a."
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.
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) report for Mark F. Furlong?
Kforce reported that director Mark F. Furlong received 38 additional shares of common stock as restricted stock. This came from a dividend-related adjustment rather than an open-market trade, modestly increasing his direct holdings under existing restricted stock agreements.
Was Mark Furlong’s Kforce (KFRC) transaction an open-market buy or sell?
No, the transaction was not an open-market buy or sell. It is classified as an “other” transaction, reflecting dividend-related restricted stock received in connection with Kforce’s $0.40 per-share cash dividend, rather than an active purchase or sale.
What does the footnote about Rule 16a mean for this Kforce (KFRC) filing?
A footnote states the transaction discloses a dividend that is exempt from reporting under Rule 16a. Despite the exemption, the company still provided detail, clarifying the additional restricted shares came directly from the declared cash dividend mechanics.