Cloudman Catherine 4
4 · KFORCE INC · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Kforce (KFRC) Director Catherine Cloudman Receives RSU Award (65)
What Happened
Catherine Cloudman, a director of Kforce Inc. (KFRC), received a grant of 65 restricted stock units (RSUs) on 2026-06-12. The Form 4 reports an "other acquisition" (code J) of 65 RSUs at $0.00, listed as a derivative award — no cash changed hands at grant.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (timely filing).
- Amount: 65 RSUs granted; reported price: $0.00; reported value at grant: $0.
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1: RSUs granted under the company's stock incentive plan; each RSU represents a contingent right to one share.
- F2: The filing discloses a dividend that is exempt from reporting under Rule 16a.
- F3: RSUs vest one year from grant subject to Cloudman's continued service; dividend equivalents accrue as dividends are paid.
- Transaction code: J (other acquisition or disposition — here an RSU award/derivative grant).
Context
RSU grants are a form of compensation/retention for directors and do not involve an immediate purchase or sale of stock. Because these RSUs vest in one year (subject to continued service), Cloudman does not receive shares immediately; the RSUs convert to common shares only upon vesting. The $0 reported price is normal for RSU awards since no cash was exchanged at grant.
Insider Transaction Report
- Other
Restricted Stock Units
[F1][F2][F3]2026-06-12+65→ 10,555 totalExercise: $0.00→ Common Stock (65 underlying)
- 6,850
Common Stock
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") were granted under the stock incentive plan approved at the time and in consideration of the reporting person's service as a director. Each RSU represents a contingent right to receive one share of Kforce Inc. common stock.
- [F2]The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
- [F3]RSUs vest one year from the date of the grant subject to the reporting person's continued service with Kforce Inc. as of the vesting date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Kforce Inc. common stock.