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ManpowerGroup (MAN) director reports 6,054 restricted shares and deferred units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ManpowerGroup Inc. reported that one of its directors received new equity awards on January 1, 2026. The director was granted 6,054 shares of restricted common stock at a reference market price of $29.73, increasing the director’s directly held common stock to 27,463 shares. These restricted shares will vest in four quarterly installments, each on the last day of a calendar quarter during 2026.

The director also acquired 55 deferred stock units, bringing total directly held deferred stock units to 1,628. These units are fully vested and will be settled in ManpowerGroup common stock on a one-for-one basis on the earlier of January 1, 2031 or within 30 days after the director’s service ends, with the grant price based on an average trading price of $41.48.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Read Paul

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026
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
Common Stock 01/01/2026 A(1) 6,054(2) A $29.73(3) 27,463 D
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
Deferred Stock Units (4) 01/01/2026 A(5) 55 (4) (4) Common Stock 55 $41.48(6) 1,628 D
Explanation of Responses:
1. Annual grant of restricted stock under the 2011 Equity Incentive Plan of the Company (the "Plan") and the Terms and Conditions Regarding the Grant of Awards to Non-Employee Directors under the Plan (the "Terms and Conditions").
2. The shares of restricted stock will vest in quarterly installments on the last day of each calendar quarter during 2026.
3. Represents the Market Price (as defined in the Plan) on the last trading day of 2025.
4. The shares of deferred stock are fully vested on the date of grant and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on the earlier of January 1, 2031 or within 30 days after the reporting person's termination of service as a director, except as otherwise provided in the Terms and Conditions.
5. Receipt of deferred stock under the Plan and the Terms and Conditions in lieu of dividends.
6. Represents the Average Trading Price (as defined in the Terms and Conditions).
/s/ Michelle Nettles (pursuant to Power of Attorney previously filed) 01/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider equity awards were reported at ManpowerGroup (MAN)?

A ManpowerGroup director received 6,054 restricted shares of common stock and 55 deferred stock units as part of the company’s equity incentive plan.

When do the newly granted ManpowerGroup restricted shares vest?

The 6,054 restricted shares will vest in quarterly installments on the last day of each calendar quarter during 2026.

What is the reference price for the ManpowerGroup restricted stock grant?

The restricted stock grant uses a reference Market Price of $29.73, which is defined as the market price on the last trading day of 2025.

How many ManpowerGroup shares does the director own after this transaction?

After the reported transaction, the director beneficially owns 27,463 shares of ManpowerGroup common stock directly.

What are the terms of the ManpowerGroup deferred stock units reported?

The director acquired 55 deferred stock units, fully vested on the grant date, to be settled 1-for-1 in common stock on the earlier of January 1, 2031 or within 30 days after the director’s service ends.

How was the price for the ManpowerGroup deferred stock units determined?

The deferred stock units use an Average Trading Price of $41.48, as defined in the company’s Terms and Conditions for director awards.

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1.43B
45.53M
1.65%
108.79%
7.15%
Staffing & Employment Services
Services-help Supply Services
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United States
MILWAUKEE