KFY CEO Burnison Reports Two Open-Market Sales at ~$70.60
Rhea-AI Filing Summary
Gary D. Burnison, who serves as CEO and a director, reported two insider sales of Korn Ferry common stock on 10/07/2025 and 10/08/2025. On 10/07/2025 he disposed of 28,352 shares at a weighted average price of $70.6113, leaving 247,090 shares beneficially owned. On 10/08/2025 he disposed of 31,784 shares at a weighted average price of $70.5944, after which he reported 215,306 shares beneficially owned.
The filings are signed by an attorney-in-fact and include explanations that each sale was executed in multiple trades within price ranges disclosed. The form is a standard Section 16 disclosure showing sales by a named insider; it does not state reasons for the sales or other arrangements.
Positive
- Timely Section 16 disclosure of insider sales by the CEO with price ranges provided
- Clear post-transaction holdings reported: 247,090 then 215,306 shares
Negative
- Insider disposed of 28,352 shares on 10/07/2025 at a weighted average of $70.6113
- Insider disposed of 31,784 shares on 10/08/2025 at a weighted average of $70.5944
Insights
Insider selling disclosed promptly; ownership still material.
The report shows the CEO completed two open-market sales on 10/07/2025 and 10/08/2025, with weighted average prices of $70.6113 and $70.5944. The form documents the reduction in direct beneficial ownership to 215,306 shares, and includes the required price ranges and an offer to provide trade-level detail on request.
These are routine Section 16 disclosures; governance monitoring should note the change in share count and confirm whether trades were part of a pre-arranged plan. Short-term governance risk depends on whether additional similar filings follow in the near term.
Two small open-market sales by CEO, no new material disclosures.
The transactions are reported as sales executed in multiple trades with disclosed weighted average prices, which indicates routine liquidity activity rather than any new corporate announcement. The filings do not provide proceeds, intentions, or any change to compensation or ownership policy.
Investors typically watch insider sale patterns; a follow-up filing or additional sales within 30 days would provide clearer context on trend or intent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 31,784 | $70.5944 | $2.24M |
| Sale | Common Stock, par value $0.01 per share | 28,352 | $70.6113 | $2.00M |
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $70.40 to $70.82. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $70.01 to $70.89. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
