Young George Haywood III 4
Research Summary
AI-generated summary
Kelly Services Director George Haywood Receives 6,000-Share Award
What Happened
George Haywood III, a director of Kelly Services, was granted 6,000 shares on June 18, 2026. The Form 4 reports the award as a derivative acquisition at $11.36 per share, totaling $68,160. This was an equity grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (filed 4 days after the transaction).
- Type: Award/Grant (A); classified on the filing as a derivative transaction.
- Shares granted: 6,000; Price recorded: $11.36/share; Total value: $68,160.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: One-time equity award granted in recognition of service as Chair of Kelly’s Independent Special Committee (per F1).
- Timeliness: Filing appears late (Form 4s are normally due within 2 business days), which the report flags as late.
Context
Equity awards are a form of compensation and do not necessarily indicate the insider’s market view. The filing classifies the grant as a derivative; the document does not specify vesting or conversion details. Late filings are typically corrected by submission but can be relevant to compliance tracking.