Form 4: Kforce Inc. Director David Dunkel Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director David Dunkel reports a transaction involving Kforce Inc. common stock related to tax withholding and vesting of restricted stock units.
Summary
- On December 27, 2024, Kforce Inc. director David L. Dunkel reported a transaction involving the withholding of 4,656 shares of common stock to cover income tax obligations related to the vesting of 18,167 shares of restricted stock.
- The shares were withheld by the issuer at a price of $56.71.
- Following the transaction, Mr. Dunkel directly owns 13,511 shares and indirectly owns 497,818 shares through a revocable trust.
- Mr. Dunkel also holds 4,052 Restricted Stock Units (RSUs) which vest one year from the grant date, contingent upon continued service with Kforce Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The RSUs vest one year from the date of grant, contingent upon the reporting person's continued service with Kforce Inc.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it relates to tax withholding on vested stock.
Key Dates
| Date | Description |
|---|---|
| 10/3/2003 | Date of the David L. Dunkel Amended and Restated Revocable Living Trust |
| 07/31/2023 | Mr. Dunkel ended his part-time employment agreement with Kforce and became solely non-executive Chairman of the Kforce Inc. Board of Directors. |
| 12/27/2024 | Date of the reported transaction involving the withholding of shares for tax purposes. |
| 12/31/2024 | Date of signature for the Form 4 filing. |
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