ManpowerGroup (MAN) executive discloses dividend-based RSU grants and vesting

Rhea-AI Filing Summary

ManpowerGroup Inc. officer reports new restricted stock units

ManpowerGroup Inc.'s Chief People & Legal Officer, Michelle Nettles, reported several grants of restricted stock units (RSUs) effective 12/31/2025. The filing shows RSU awards of 443, 213, 289, and 402 units, each convertible into ManpowerGroup common stock on a one-for-one basis when they vest.

These RSUs were received in lieu of cash dividends paid in 2025 at an average price of $41.48 per share. The RSUs are scheduled to vest 100% on specific future dates: February 17, 2026, February 11, 2027, February 16, 2027, and February 14, 2028, after which they will be settled in shares of ManpowerGroup common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nettles Michelle

(Last) (First) (Middle)

MANPOWERGROUP INC.

100 MANPOWER PLACE

(Street)

MILWAUKEE WI 53212

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ManpowerGroup Inc. [ MAN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief People & Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/31/2025		A(2)		443		(1)	(1)	Common Stock	443	$41.48(2)	13,216	D
Restricted Stock Units	(3)	12/31/2025		A(2)		213		(3)	(3)	Common Stock	213	$41.48(2)	6,354	D
Restricted Stock Units	(4)	12/31/2025		A(2)		289		(4)	(4)	Common Stock	289	$41.48(2)	8,601	D
Restricted Stock Units	(5)	12/31/2025		A(2)		402		(5)	(5)	Common Stock	402	$41.48(2)	11,988	D

Explanation of Responses:

1. The restricted stock units will vest 100% on February 11, 2027 and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis upon vesting.

2. Receipt of restricted stock units in lieu of dividends paid in 2025 at an average price of $41.48.

3. The restricted stock units will vest 100% on February 17, 2026 and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis upon vesting.

4. The restricted stock units will vest 100% on February 16, 2027 and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis upon vesting.

5. The restricted stock units will vest 100% on February 14, 2028 and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis upon vesting.

	/s/ Michelle Nettles	01/05/2026
	** Signature of Reporting Person	Date
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FAQ

What insider activity did ManpowerGroup (MAN) report in this Form 4?

The Chief People & Legal Officer, Michelle Nettles, reported receiving several grants of restricted stock units (RSUs) on 12/31/2025, which will convert into ManpowerGroup common stock upon vesting.

How many restricted stock units did the ManpowerGroup officer receive?

The filing lists RSU grants of 443, 213, 289, and 402 units, each representing the right to receive one share of ManpowerGroup common stock when vested.

When do the reported ManpowerGroup (MAN) restricted stock units vest?

The RSUs vest 100% on February 17, 2026, February 11, 2027, February 16, 2027, and February 14, 2028, depending on the specific grant, and will then be settled in shares of common stock.

Why did the ManpowerGroup insider receive these restricted stock units?

The RSUs were received in lieu of cash dividends paid in 2025, at an average price of $41.48 per share, effectively reinvesting dividends into stock-based awards.

What is the reporting person’s role and relationship to ManpowerGroup (MAN)?

The reporting person is an officer of ManpowerGroup Inc., serving as the Chief People & Legal Officer, and filed the Form 4 as an individual reporting person.

How will the ManpowerGroup RSUs reported on this Form 4 be settled?

Upon vesting on their respective dates, each restricted stock unit will be settled in shares of ManpowerGroup common stock on a 1-for-1 basis.