Cloudman Catherine 4
Research Summary
AI-generated summary
KFORCE (KFRC) Director Catherine Cloudman Receives 82 RSUs
What Happened
- Catherine Cloudman, a director of Kforce Inc. (KFRC), was granted 82 restricted stock units (RSUs) on 2026-03-06. The reported transaction shows an acquisition of 82 RSUs at $0.00 (no immediate cash value). These are derivative awards representing a contingent right to receive one share of Kforce common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filing appears timely).
- Security: 82 RSUs granted; reported price: $0.00; reported as a derivative/other acquisition (transaction code J).
- Shares owned after transaction: not specified in the provided summary.
- Relevant footnotes:
- F1: RSUs granted under the company’s stock incentive plan as compensation for director service; each RSU equals a contingent right to one share.
- F2: The filing discloses a dividend equivalent that is exempt from reporting under Rule 16a.
- F3: RSUs vest one year from grant subject to continued service; dividend equivalents accrue as dividends are paid on common stock.
Context
- These RSUs are not immediately tradable shares — they convert to common stock only if and when they vest (one year from grant, subject to service). That makes this an award/compensation event rather than an open‑market purchase or sale. Awards to directors are common compensation practice and do not by themselves indicate a buy/sell signal.