Korn Ferry insider sales: 60,136 shares reported in early Oct
Rhea-AI Filing Summary
Korn Ferry (KFY) Form 144 shows proposed and completed insider sales tied to a recent restricted stock award. An executive received 16,864 restricted shares on 07/11/2025 as executive compensation and listed those 16,864 shares for sale under Rule 144 with an aggregate market value of 1180635. The filing reports two sales by the same person: 28,352 shares sold on 10/07/2025 for 2001970 and 31,784 shares sold on 10/08/2025 for 2243771. The issuer has 52,390,986 shares outstanding and the broker listed is Merrill Lynch on the NYSE. The filer certifies no undisclosed material adverse information and includes the standard Rule 144 representations.
Positive
- Full Rule 144 disclosure provided, including broker, sale dates, and amounts
- Restricted stock award provenance is disclosed (date 07/11/2025 and executive compensation)
Negative
- Insider selling of 60,136 shares in early October may increase available float
- Materiality of sales could be investor‑relevant given 52,390,986 shares outstanding
Insights
Insider sold recently vested restricted shares and filed under Rule 144.
The filing documents a restricted stock award of 16,864 shares dated 07/11/2025 that the holder listed for sale through Merrill Lynch on the NYSE. Two separate sales were executed on 10/07/2025 and 10/08/2025 totaling 60,136 shares with gross proceeds of 4,442,741, showing active disposition of insider-held equity.
This is a routine disclosure of insider liquidity rather than a corporate operational change; monitor subsequent Form 4 or additional Form 144 filings over the next 30-90 days for further sales or trading-plan details that could affect float or share supply.
FAQ
What did Korn Ferry (KFY) disclose in this Form 144?
Who is the seller named in the filing for KFY?
How many Korn Ferry shares are outstanding per the filing?
Was the awarded stock subject to any special payment terms?
Does the filer state there is undisclosed material information?