SIMMONS N JOHN 4
Research Summary
AI-generated summary
Kforce (KFRC) Director John Simmons Receives 38 Shares
What Happened
- John N. Simmons, a director of Kforce Inc. (KFRC), reported an acquisition of 38 shares on June 12, 2026. The shares were recorded at $0.00 per share (no cash paid) and are additional restricted stock received in connection with a cash dividend that the company declared. The filing shows these shares will vest according to the reporting person's existing restricted stock agreements.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (period of report 2026-06-12).
- Transaction type/code: "Other acquisition or disposition" (Code J) — a change in form of beneficial ownership and acquisition tied to the dividend.
- Price: $0.00 per share; Shares acquired: 38; Reported value: $0.
- Footnote F2: Dividend declared April 24, 2026 of $0.40/share payable June 26, 2026 to holders of record on June 12, 2026; additional restricted stock issued in connection with that dividend and subject to vesting terms.
- Footnote F1: The filing discloses a change in the form of beneficial ownership (direct to indirect) exempt under Rule 16a-13.
- Footnote F3: Filing notes inclusion of 4,820 restricted shares as part of the reporting person's holdings (as disclosed in the filing).
Context
- These were not open-market purchases but shares issued/allocated related to a dividend and recorded as restricted stock; restricted shares typically vest over time and are not immediately sellable.
- Code J and the footnotes indicate a change in how the shares are held (direct vs indirect) rather than a typical buy/sell trade; this is informational rather than a clear bullish/bearish trading signal.