Brooks Derrick Dewan 4
Research Summary
AI-generated summary
Kforce Director Brooks Dewan Receives 38 Shares and 84 RSUs
What Happened Brooks Derrick Dewan, a director of Kforce, reported acquiring 38 shares of common stock and 84 derivative shares (RSU-equivalents) on June 12, 2026. Both transactions are reported at $0.00 (no cash paid) and relate to a dividend-related issuance and a change in form of beneficial ownership. The filing (accession 0001850601-26-000004) was made on June 16, 2026.
Key Details
- Transaction date: June 12, 2026; Filing date: June 16, 2026. Reported acquisition price: $0.00 for both entries.
- Shares received: 38 shares (direct acquisition) and 84 derivative shares (reported as RSU-equivalents/contingent rights).
- Holdings note: the filing discloses 4,820 shares of restricted stock held by the reporting person (footnote).
- Dividend context: On April 24, 2026 the issuer declared a $0.40 per-share dividend payable June 26 to shareholders of record on June 12; the additional restricted shares were received in connection with that dividend.
- Footnotes of interest:
- Change in form of beneficial ownership from direct to indirect is disclosed (Rule 16a-13 exemption).
- The 84 derivative units are RSUs that represent a contingent right to one share each; RSUs vest one year from grant and accrue dividend-equivalent rights.
- The dividend-related transfer is exempt from reporting under Rule 16a.
Context These entries are not open-market purchases or sales but reflect dividend-related share awards and a change in how ownership is held. RSUs are contingent rights (each convertible to one common share) and typically vest over time — here they vest one year from grant subject to continued service. Such dividend-related issuances and ownership-form changes are common and are reported for transparency; they do not by themselves indicate a director buying or selling stock for investment purposes.