Hunt James Christopher 4

What Happened

James Christopher Hunt, a director of Kelly Services, received two derivative stock awards on 2026-05-07 totaling 37,628.87 shares (combined value $365,000). The awards were reported as acquisitions (code A) and were recorded at $9.70 per share: 20,618.56 shares valued at $200,000 and 17,010.31 shares valued at $165,000. These shares were issued as part of the company’s Non‑Employee Directors Deferred Compensation Plan rather than an open‑market purchase.

Key Details

• Transaction date: 2026-05-07; Form 4 filed 2026-05-11 (appears timely).
• Price used to calculate shares: $9.70 per share.
• Shares acquired: 20,618.56 (value $200,000) and 17,010.31 (value $165,000); total 37,628.87 shares, $365,000.
• Type: Derivative awards under the Non‑Employee Directors Deferred Compensation Plan (transaction code A).
• Footnotes: F1 = shares deferred pursuant to the Non‑Employee Directors Deferred Compensation Plan; F2 = cash portion of retainer deferred into Class A common stock under the same plan.
• Shares owned after the transaction were not specified in the provided data.

Context

These transactions reflect director compensation being deferred into company stock (derivative awards), not an open‑market buy or sale. Such deferrals are routine for non‑employee directors who elect to receive part or all of their retainer in stock and don't necessarily indicate a trading signal about the insider's view of the company.