Escudero Edward 4
Research Summary
AI-generated summary
Kelly Services (KELYA) Director Edward Escudero Receives Award
What Happened
Edward Escudero, a director of Kelly Services, received two derivative awards on May 7, 2026. The filings show: 15,463.92 shares valued at $9.70/share ($150,000) and 10,309.28 shares valued at $9.70/share ($100,000), for a combined value of $250,000. These are coded as "A" (award/grant) and reflect equity credited under the company’s non-employee director compensation arrangements — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-07; Filing date: 2026-05-11 (filed within standard 2-business-day window).
- Awards: 15,463.92 shares @ $9.70 = $150,000 (Derivative); 10,309.28 shares @ $9.70 = $100,000 (Derivative).
- Total shares credited: 25,773.20; total reported value: $250,000.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — shares deferred under the Kelly Services, Inc. Non-Employee Directors Deferred Compensation Plan. F2 — cash portion of retainer deferred into Class A common stock under the same plan.
- Transaction type: Award/derivative (A); not a sale or open-market purchase.
Context
These entries represent equity credited under the company’s deferred compensation/director compensation plan (one award appears to be stock credited, the other the cash retainer converted to stock). Derivative awards to non-employee directors are routine compensation actions and do not by themselves indicate the director is buying or selling shares in the market.