Soares Nicola M 4
Research Summary
AI-generated summary
Kelly Services (KELYA) SVP Nicola Soares Receives Award
What Happened
- Nicola M. Soares, Senior Vice President of Kelly Services, was granted 23,447 restricted shares (transaction code A) on 2026-03-15. The grant was recorded at $8.53 per share for a total reported value of $200,003. This was an award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-15; Filing date: 2026-03-16 (Form 4 accession 0000055135-26-000081) — filing appears timely.
- Price/value: 23,447 shares × $8.53 = $200,003.
- Transaction type: A (grant/award — shares acquired as compensation).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Restricted stock award under the Kelly Services Equity Incentive Plan. Shares cliff vest in two years on the grant anniversary (footnote F1).
- No 10b5-1 plan, tax withholding, or late-filing flags are indicated in the provided data.
Context
- Restricted stock awards are common executive compensation; because these shares cliff vest in two years they are not immediately tradable, so the grant primarily reflects compensation policy rather than an immediate buy/sell signal. Purchases by insiders are often viewed as more direct signals of conviction, while awards are routine remuneration.