4Accepted Sep 15, 4:21 PM ET
Kforce (KFRC) Director Catherine Cloudman Receives 64 RSUs
Accepted (ET)
4:21 PM
Sep 15, 2026
Filed
Sep 15, 2026
Documents
1
Size
6.7 KB
Summary
Kforce (KFRC) Director Catherine Cloudman Receives 64 RSUs
What Happened
Catherine Cloudman, a director of Kforce Inc. (KFRC), was granted 64 restricted stock units (RSUs) on September 11, 2026. The Form 4 reports this as an acquisition of a derivative security at $0.00 (no cash paid). Each RSU represents a contingent right to receive one share of Kforce common stock upon vesting.
Key Details
- Transaction date: 2026-09-11; Form filed: 2026-09-15 (filed four days after the grant — check timeliness vs. the usual 2-business-day Form 4 deadline).
- Transaction type/code: Other acquisition (derivative) — reported as 64 RSUs acquired at $0.00.
- Reported value: $0.00 on the filing (derivative award; not a cash purchase).
- Vesting/conditions: RSUs vest one year from grant subject to continued service; dividend equivalents accrue as dividends are paid (footnotes F1 & F3).
- Footnote F2 notes a disclosed dividend that is exempt from reporting under Rule 16a.
- Shares owned after the transaction: not specified in the provided filing details.
Context
RSU grants to directors are common compensation for service and are not an immediate cash purchase or sale. These units convert to stock only if vesting conditions are met (here, continued service for one year). Dividend equivalent rights mean the grantee may receive payments tied to dividends while the RSUs are outstanding. This type of transaction signals compensation rather than a market-driven buy or sell by the insider.