KELLY DAVID M 4
4 · KFORCE INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
KFORCE (KFRC) COO David Kelly Receives 1,210 Shares
What Happened David M. Kelly, Chief Operating Officer of Kforce Inc. (KFRC), acquired 1,210 shares on March 6, 2026. The transaction is reported as an other acquisition (code J) at $0.00 per share (total consideration $0). The additional shares were issued in connection with a cash dividend that included an issuance of restricted stock.
Key Details
- Transaction date and type: 2026-03-06 — Other acquisition (code J); 1,210 shares acquired at $0.00/share.
- Filing date: 2026-03-10; filing appears to be timely (within the SEC’s 2-business-day Form 4 window for a 3/6 transaction).
- Shares owned after the transaction: not specified in the filing; footnote F3 notes "Includes 83,846 shares of restricted stock" (reported restricted holdings).
- Footnotes of note:
- F1: Change in form of beneficial ownership from direct to indirect; this change is exempt from reporting under Rule 16a-13.
- F2: The shares were received in connection with a dividend declared Jan 30, 2026 ($0.40/share), payable March 20, 2026 to holders of record on March 6, 2026; the additional restricted shares will vest according to existing restricted stock agreements.
- F3: Indicates 83,846 restricted shares are included in holdings disclosure.
- No indication this was an option exercise, open-market purchase, or gift — it’s a dividend-related issuance of restricted stock.
Context This was a non-cash issuance tied to the company’s dividend program and the shares are restricted and subject to vesting terms, so they are not immediately freely tradable. Such dividend-related awards and changes in beneficial ownership form are typically administrative and do not, by themselves, indicate insider trading intent or market sentiment.
Insider Transaction Report
- Other
Common Stock
[F1][F2][F3]2026-03-06+1,210→ 137,989 total
Footnotes (3)
- [F1]The transaction is disclosing a change in the form of beneficial ownership from direct to indirect that is exempt from reporting under Rule 16a-13.
- [F2]On January 30, 2026, the issuer declared a cash dividend of $0.40 per share of common stock, payable March 20, 2026 to all shareholders of record on March 6, 2026 (the "Dividend"). The additional shares of restricted stock were received by the reporting person in connection with the Dividend and will vest in accordance with the terms of the reporting person's outstanding restricted stock agreement(s).
- [F3]Includes 83,846 shares of restricted stock.