Form 4: Kforce Inc. COO David M. Kelly Reports Changes in Beneficial Ownership
SEC Form 4 Filing
David M. Kelly, Chief Operating Officer of Kforce Inc., reports a transaction involving the withholding of shares to cover income tax obligations related to vesting restricted stock.
Summary
- On December 27, 2024, David M. Kelly, the Chief Operating Officer of Kforce Inc., had shares withheld by the issuer to cover income tax withholding requirements associated with the vesting of restricted stock.
- A total of 8,808 shares of common stock were withheld at a price of $56.71 per share.
- Following the transaction, Kelly beneficially owns 72,994 shares, which includes 30,900 shares of restricted stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event related to executive compensation and tax obligations, which is a normal course of business. There is no indication of positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to internal executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/27/2024 | Date of transaction where shares were withheld to cover income tax. |
| 12/31/2024 | Date of signature for the report. |
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