Brooks Derrick Dewan 4
Research Summary
AI-generated summary
Kforce Director Brooks Dewan Receives 151 RSUs
What Happened
- Brooks Derrick Dewan, a director of Kforce Inc. (KFRC), was reported to have acquired 151 restricted stock units (RSUs) on March 6, 2026. The filing lists the transaction as an "other acquisition or disposition" (code J) at $0.00 per RSU (derivative), so no immediate cash value was reported.
Key Details
- Transaction date: 2026-03-06; Filing date: 2026-03-10 (timely)
- Securities: 151 RSUs granted; reported price per unit: $0.00; reported cash value: $0
- Shares owned after transaction: not specified in the filing
- Footnotes of note:
- F1: RSUs granted under the company’s stock incentive plan; each RSU represents a contingent right to one share.
- F3: RSUs vest one year from the grant date, subject to continued service; dividend equivalent rights accrue as dividends are paid.
- F2: The filing also discloses a dividend that is exempt from reporting under Rule 16a.
- Transaction code: J (other acquisition)
Context
- These RSUs are a grant/award, not an open-market purchase or sale. They do not represent immediate stock ownership until they vest and are settled into shares. Dividend-equivalent rights mean the RSUs accrue payments as if dividends were paid on common stock, but the grant itself carries no immediate cash proceeds.