KELYA.NASDAQKelly Services INC

Form 4: Kelly Services CEO Peter Quigley Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing


Peter Quigley, CEO of Kelly Services, reports the disposal of Class A Common Stock due to tax withholding obligations.

Summary

  • Peter Quigley, the President and CEO of Kelly Services Inc., filed a Form 4 with the SEC on February 13, 2025.
  • The report details changes in his beneficial ownership of Kelly Services Class A Common Stock.
  • On February 11, 2025, Quigley disposed of shares to cover tax obligations.
  • Specifically, 2,540 shares were disposed of at a price of $13.44, resulting in a new total of 457,693.7748 shares.
  • An additional 1,803 shares were disposed of at $13.44, resulting in a new total of 455,890.7748 shares.
  • An additional 2,785 shares were disposed of at $13.44, resulting in a new total of 453,105.7748 shares.
  • An additional 2,199 shares were disposed of at $13.44, resulting in a new total of 450,906.7748 shares.
  • An additional 2,292 shares were disposed of at $13.44, resulting in a new total of 448,614.7748 shares.
  • Following these transactions, Quigley directly owns 448,614.7748 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by the CEO of Kelly Services, a company in the staffing and workforce solutions industry.

Stakeholder Impact

  • The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the context of tax obligations.

Key Dates

DateDescription
02/11/2025Date of stock disposal transactions.
02/13/2025Date of Form 4 filing.

Keywords

Form 4, beneficial ownership, Kelly Services, KELYA, Peter Quigley, Class A Common Stock, SEC

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