Soares Nicola M 4
Research Summary
AI-generated summary
Kelly Services SVP Nicola Soares Withholds Shares for Taxes
What Happened
- Nicola M. Soares, Senior Vice President of Kelly Services (KELYA), had a total of 930 shares withheld to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock awards. The withholding occurred in two transactions: 670 shares on 2026-02-13 and 260 shares on 2026-02-15, each at $9.79 per share, totaling $9,104.
Key Details
- Transaction dates and amounts: 2026-02-13 — 670 shares withheld @ $9.79 (reported value $6,559); 2026-02-15 — 260 shares withheld @ $9.79 (reported value $2,545).
- Total shares withheld: 930; total value: $9,104 (rounded).
- Transaction code: F — tax withholding (shares were withheld by the issuer to satisfy tax obligations).
- Shares owned after the transaction: Not disclosed in this filing.
- Filing timeliness: Form 4 filed 2026-02-17 for transactions dated 2026-02-13 and 2026-02-15; filing appears timely.
Context
- This was a routine tax-withholding disposition connected to the vesting of restricted stock awards, not an open-market sale or a purchase. Tax-withholding disposals are administrative and do not necessarily indicate the insider’s view of the company’s prospects.