Form 4: Korn Ferry CFO Sells Over $2.9 Million in Company Stock Under Pre-Arranged Plan

Robert P. Rozek, Executive Vice President, CFO, and CCO of Korn Ferry, sold 40,000 shares of common stock for approximately $2.91 million on June 24, 2025, under a Rule 10b5-1 trading plan.

Summary

• Robert P. Rozek, the Executive Vice President, Chief Financial Officer, and Chief Compliance Officer of Korn Ferry (KFY), executed two sales of common stock on June 24, 2025.
• A total of 40,000 shares were disposed of in these transactions.
• The first block of 20,000 shares was sold at a weighted average price of $72.5211 per share, totaling approximately $1,450,422.
• The second block of 20,000 shares was sold at a price of $73.00 per share, totaling approximately $1,460,000.
• The aggregate value of the shares sold across both transactions is approximately $2,910,422.
• Following these transactions, Mr. Rozek beneficially owns 85,456 shares of Korn Ferry common stock.
• The transactions were conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities, indicating a pre-arranged trading plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an executive selling shares can sometimes be perceived negatively, the fact that it was conducted under a pre-arranged Rule 10b5-1 plan mitigates concerns about insider information, making it a routine and expected transaction.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, which indicates a pre-arranged sale not based on new, non-public information, enhancing transparency and compliance.

Negatives

• An executive selling a significant number of shares, even under a pre-arranged plan, can sometimes be perceived as a lack of confidence, though this is mitigated by the 10b5-1 plan.

Risks

• No specific risks are detailed in this Form 4 filing beyond the general market perception associated with executive stock sales.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing represents a routine insider transaction for an executive at a publicly traded company. Such sales, especially when conducted under a Rule 10b5-1 plan, are common for personal financial planning, diversification, or liquidity purposes and are generally not indicative of company-specific performance trends within the professional services or consulting industry.

Corporate Governance

Stakeholder Impact

• Shareholders: The sale of shares by a key executive could be interpreted in various ways, but the 10b5-1 plan suggests it's for personal financial management rather than a reflection on company performance. The impact is likely minimal given the pre-planned nature and the company's overall market capitalization.

Key Dates

Keywords

Korn Ferry, KFY, Robert P. Rozek, SEC Form 4, Insider Trading, Stock Sale, Executive Compensation, Rule 10b5-1, Common Stock