Escudero Edward 4
Research Summary
AI-generated summary
Kelly Services (KELYA) Director Edward Escudero Receives 3,155-Share Award
What Happened
- Edward Escudero, a director of Kelly Services, was granted/acquired 3,155 shares on March 17, 2026. The filing lists the per-share amount as $8.51, for a total value of $26,849. The transaction is reported as an award/acquisition (code A) and classified as a derivative in the Form 4.
Key Details
- Transaction date: 2026-03-17; Filing date: 2026-03-18 (appears timely)
- Transaction type/code: Award/Acquisition (A); listed as a derivative transaction
- Price and value: 3,155 shares at $8.51 per share = $26,849 total
- Shares owned after transaction: Not specified in the provided filing summary
- Footnote: The shares reflect the cash portion of Escudero’s director retainer deferred into Class A common stock under the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan (F1)
- No indication of a 10b5-1 plan, tax withholding sale, or cashless exercise in this filing
Context
- This transaction reflects deferred-compensation shares for a non-employee director (retainer conversion), which is a routine corporate practice and not the same as an open-market buy or sale. Such awards are generally part of board compensation and do not necessarily signal the director’s near-term trading intent.