Kforce (KFRC) director Dunkel reports trust-held shares and RSU dividend adjustment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kforce Inc. director David L. Dunkel reported updated equity holdings, mainly reflecting routine stock-based compensation and trust-held shares. An entry shows 521,329 shares of common stock held indirectly through the David L. Dunkel Amended and Restated Revocable Living Trust, dated 10/3/2003.
Separately, Dunkel reported 100 Restricted Stock Units (RSUs) tied to Kforce common stock, described as a dividend-related adjustment exempt from reporting under Rule 16a. Following this update, Dunkel holds 12,527 RSUs directly. Each RSU represents a right to receive one share of Kforce common stock, vesting one year from the grant date if he continues serving as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DUNKEL DAVID L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Restricted Stock Units | 100 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 12,527 shares (Direct, null);
Common Stock — 521,329 shares (Indirect, By: Revocable Trust)
Footnotes (1)
- Shares are held by the David L. Dunkel Amended and Restated Revocable Living Trust, dated 10/3/2003. 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. The transaction is disclosing a dividend that is exempt from reporting under Rule 16a. 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
Indirect common shares: 521,329 shares
New RSU adjustment: 100 RSUs
Total RSUs held: 12,527 RSUs
+2 more
5 metrics
Indirect common shares
521,329 shares
Common stock held via revocable trust after reported update
New RSU adjustment
100 RSUs
Dividend-related RSU transaction on Kforce common stock
Total RSUs held
12,527 RSUs
Restricted Stock Units directly held following the reported transaction
Trust date
10/3/2003
Date of David L. Dunkel Amended and Restated Revocable Living Trust
RSU vesting period
1 year
RSUs vest one year from grant date, contingent on continued service
Key Terms
Restricted Stock Units, Revocable Trust, Rule 16a, Dividend equivalent rights, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units ("RSUs") were granted under the stock incentive plan approved at the time..."
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.
Revocable Trust financial
"Shares are held by the David L. Dunkel Amended and Restated Revocable Living Trust..."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Rule 16a regulatory
"The transaction is disclosing a dividend that is exempt from reporting under Rule 16a."
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.
FAQ
What insider activity did Kforce Inc. (KFRC) report for David L. Dunkel?
Kforce Inc. reported that director David L. Dunkel updated his holdings, showing 521,329 common shares held via a revocable trust and 12,527 Restricted Stock Units. The filing mainly reflects routine stock-based compensation and dividend-related adjustments rather than open-market purchases or sales.
What Restricted Stock Units were reported for Kforce (KFRC) director David L. Dunkel?
David L. Dunkel reported 100 Restricted Stock Units linked to Kforce common stock, bringing his direct RSU holdings to 12,527. These RSUs were granted as compensation for board service under a stock incentive plan and each RSU represents one potential share of common stock.