Korn Ferry (NYSE: KFY) exec sells 3,370 shares at $74.5501
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Korn Ferry officer Michael Distefano reported an open-market sale of 3,370 shares of common stock on July 15, 2026 at an average price of $74.5501 per share.
After this transaction, he directly holds 79,852 shares of Korn Ferry common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,370 shares ($251,234)
Net Sell
1 txn
Insider
Distefano Michael
Role
See Remarks
Sold
3,370 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 3,370 | $74.5501 | $251K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 79,852 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 3,370 shares
Sale price: $74.5501 per share
Shares owned after sale: 79,852 shares
3 metrics
Shares sold
3,370 shares
Open-market sale of common stock on July 15, 2026
Sale price
$74.5501 per share
Average price for the 3,370 shares sold
Shares owned after sale
79,852 shares
Directly owned Korn Ferry common shares following the transaction
Key Terms
open-market sale, par value, private transaction
3 terms
open-market sale financial
"Described as an open-market sale of common stock at $74.5501"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
par value financial
"Common Stock, par value $0.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
private transaction financial
"Code description allows sale in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
FAQ
What insider transaction did Korn Ferry (KFY) report for Michael Distefano?
Korn Ferry reported that officer Michael Distefano completed an open-market sale of 3,370 common shares at an average price of $74.5501 on July 15, 2026. Following the sale, he directly owns 79,852 shares of Korn Ferry common stock.
Was the Korn Ferry (KFY) insider trade classified as an open-market sale?
Yes. The transaction is classified as an open-market sale, with the Form 4 using code “S” and describing it as a Sale in open market or private transaction. The filing shows the sale of 3,370 common shares at $74.5501 per share.
Does the Korn Ferry (KFY) Form 4 indicate any derivative security activity for Michael Distefano?
No derivative transactions are listed in this Form 4. The filing reports only a non-derivative transaction in common stock: an open-market sale of 3,370 shares, leaving Distefano with 79,852 directly owned shares after the transaction.