Form 4: Kforce CFO Jeffrey B. Hackman Reports Stock Transaction
SEC Form 4 Filing
Jeffrey B. Hackman, CFO of Kforce Inc., reports the withholding of 454 common stock shares to cover income tax obligations related to vesting restricted stock on May 15, 2024.
Summary
- On May 15, 2024, Jeffrey B. Hackman, the Chief Financial Officer of Kforce Inc. (KFRC), had 454 shares of common stock withheld by the issuer to cover income tax withholding requirements.
- This was related to the vesting of 1,803 shares of restricted stock.
- Following the transaction, Hackman beneficially owns 69,211 shares of Kforce Inc., which includes 25,607 shares of restricted stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reports a standard transaction related to tax obligations on vested stock. It doesn't indicate any significant positive or negative implications for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment between management's actions and shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the stock transaction where shares were withheld for tax obligations. |
| 05/17/2024 | Date of signature by Susan A. Gager, Attorney-in-Fact for Jeffrey B. Hackman. |
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