Shimer Peter A 4
Research Summary
AI-generated summary
Korn Ferry (KFY) Director Peter Shimer Receives 1,660-Share Award
What Happened
- Peter A. Shimer, a director of Korn Ferry (KFY), was granted 1,660 restricted stock units (RSUs) on March 5, 2026. The grant price is listed as $0.00 (i.e., an award of shares rather than an open-market purchase or sale). No immediate cash value was exchanged at grant.
Key Details
- Transaction date and type: 2026-03-05 — Award/Grant (Code A) of 1,660 RSUs at $0.00.
- Report filed: Form 4 filed 2026-03-06 (timely reporting the day after the grant).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes from the filing:
- F1: These RSUs vest in full on the day before the next annual meeting of stockholders that follows the March 5, 2026 grant date.
- F2: The award was granted as compensation for services.
- No 10b5-1 plan, tax-withholding sale, or late-filing flags are indicated in the provided details.
Context
- RSU awards are a form of compensation that convert to actual shares only upon vesting; they are not an immediate purchase or sale and therefore do not directly signal the insider buying or selling stock. The economic value to the insider will depend on Korn Ferry’s stock price at vesting.