[Form 4] KORN FERRY Insider Trading Activity
Rhea-AI Filing Summary
Jerry Leamon, a director of Korn Ferry (KFY), was granted 2,720 restricted stock units (RSUs) on 09/18/2025 as director compensation. The grant price is reported as $0 and the filing shows 22,072 shares beneficially owned by Mr. Leamon following the transaction. The RSUs vest in full on the day before the next annual meeting of shareholders following the grant date. The Form 4 was signed by an attorney-in-fact on 09/19/2025 and identifies the award explicitly as compensation for services as a director.
Positive
- Director alignment: Grant increases the reporting person's equity stake to 22,072 shares, aligning interests with shareholders.
- Standard compensation: Time-based RSU vesting through the next annual meeting supports retention and ongoing alignment.
Negative
- Potential dilution: Grant of 2,720 RSUs represents additional shares that could dilute existing shareholders, though size appears modest.
- No cash purchase: Reported price of $0 indicates the award is compensation rather than an at-market purchase, which some investors view as dilutionary compensation expense.
Insights
TL;DR: Modest director equity grant increases insider ownership slightly; limited near-term market impact.
The 2,720 RSU grant is a routine form of non-cash director compensation that increases the reporting person's alignment with shareholders by boosting beneficial ownership to 22,072 shares. The grant price of $0 reflects a compensation award rather than an open-market purchase. Given the modest size relative to a public company’s outstanding shares, this transaction is unlikely to materially affect Korn Ferry's capital structure or valuation, but it does modestly increase insider stake and incentives.
TL;DR: Standard governance practice: equity-based director pay with time-based vesting; aligns incentives without signaling material change.
The RSUs vest the day before the next annual meeting, a clear time-based vesting condition typical for director awards, which supports retention and alignment with long-term shareholder interests. The filing explicitly states the award was granted for director services. There is no indication of accelerated vesting, related-party transactions, or other governance red flags in the disclosed items.