Wartell Michael J. 4

What Happened

• Michael J. Wartell, a director of Kelly Services, received two stock awards on 2026-05-07: 15,463.92 shares valued at $150,000 and 10,309.28 shares valued at $100,000, both priced at $9.70 per share. The combined award equals 25,773.20 shares worth $250,000. These were reported as derivative awards (transaction code A) and reflect deferred compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-07; Filing date: 2026-05-11 (filed within the SEC Form 4 reporting window).
• Price used: $9.70 per share.
• Total shares awarded: 25,773.20; total reported value: $250,000.
• 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.
• Shares owned after the transaction: not specified in the provided filing summary.

Context

• These awards are routine director compensation (deferred stock) and are reported as derivative grants under the company's deferred compensation plan. Such awards are typically part of non-employee director pay and do not necessarily indicate a buy/sell signal about the director's view of the company.