MacDonald Jeanne 4
Research Summary
AI-generated summary
Korn Ferry CEO Jeanne MacDonald Receives Restricted Stock Award
What Happened
- Jeanne MacDonald, CEO (RPO) of Korn Ferry (KFY), received a grant of 16,750 restricted shares on July 10, 2026 (award).
- On July 13, 2026, 3,701 shares were withheld/disposed at $75.39 per share to satisfy tax withholding obligations, generating $279,018. The withholding related to the vesting of 7,272 restricted shares held by the reporting person.
Key Details
- Transaction types: A = Award (16,750 shares granted on 2026-07-10); F = Tax withholding (3,701 shares withheld on 2026-07-13 at $75.39/share, $279,018).
- Vesting: The newly granted restricted stock vests in four equal annual installments beginning July 10, 2027 (per footnote). The award was granted as compensation.
- The 3,701-share disposition was a share reduction to satisfy tax withholding on vesting (not an open-market sale).
- Shares owned after the transactions are not specified in the provided filing excerpt.
- Filing date 2026-07-14 covers transactions on 2026-07-10 and 2026-07-13 (the filing appears timely).
Context
- This was a compensation award and a routine tax-withholding share reduction on vested restricted stock—not a discretionary open-market sale. Such withholding transactions are standard when equity vests and do not necessarily indicate insider sentiment about the stock.