Form 4: Korn Ferry CEO Gary Burnison Disposes Shares for Tax Obligations

Korn Ferry CEO Gary Burnison reported a disposition of 3,311 shares of common stock at $74.89 per share to cover tax withholding obligations related to the vesting of restricted stock.

Summary

• Gary D. Burnison, CEO and Director of Korn Ferry (KFY), reported a transaction on July 9, 2025.
• The transaction involved the disposition of 3,311 shares of Korn Ferry common stock.
• The shares were disposed of at a price of $74.89 per share.
• This disposition was made to satisfy tax withholding obligations related to the vesting of 6,520 shares of restricted stock held by Mr. Burnison.
• Following this transaction, Mr. Burnison directly beneficially owns 169,807 shares of Korn Ferry common stock.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine disposition of shares to cover tax withholding obligations upon the vesting of restricted stock, which is a standard part of executive compensation and does not indicate a change in company fundamentals or management's view of the company.

Positives

• The transaction is a routine disposition for tax withholding, indicating the vesting of restricted stock, which is a form of compensation.

Negatives

• A reduction of 3,311 shares in direct beneficial ownership by the CEO.

Future Outlook

No forward-looking statements or guidance provided.

Industry Context

This is a routine insider transaction filing, common across all industries for executives receiving equity compensation. It does not provide specific industry context.

Comparison to Industry Standards

• This is a standard Form 4 filing for tax withholding, which is a common practice for executives receiving equity compensation across all publicly traded companies. No specific comparable companies or projects are mentioned.

Related Party Transactions

• The transaction is related to executive compensation, which is a form of related party transaction, but it is a standard, disclosed one.

Stakeholder Impact

• Shareholders: Minimal impact, as it's a routine tax-related disposition and not a discretionary sale.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Keywords

Korn Ferry, KFY, Gary Burnison, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, CEO, Director