Korn Ferry Director Peter Shimer Receives 2,780-Share RSU Award

What Happened
Peter A. Shimer, a director of Korn Ferry (KFY), received a grant of 2,780 restricted stock units (RSUs) on September 24, 2026. The Form 4 reports the acquisition price as $0.00 for the 2,780 RSUs (awarded as compensation rather than purchased). This is a grant/award transaction (code A) — not a market purchase or sale.

Key Details

• Transaction date: 2026-09-24; Form 4 filed: 2026-09-25 (appears timely).
• Shares/units granted: 2,780 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes: (F1) RSUs vest in full on the day before the next annual meeting of stockholders that follows the grant date (i.e., vesting tied to the next annual meeting). (F2) Grant was made as compensation for services.
• Filing timeliness: filing the day after the grant suggests the Form 4 was filed within the usual reporting window; no late-filing flag is shown.

Context
RSUs are a form of equity compensation that typically convert into shares only upon vesting; they are different from open-market purchases or option exercises and do not imply an immediate sale. Director RSU grants are common and are often part of routine compensation for board service. The reported $0.00 acquisition price reflects the nature of the award, not the market value of the underlying shares.