Form 4: Korn Ferry Director Leamon Jerry Acquires Shares as Compensation
SEC Form 4 Filing
Director Leamon Jerry acquired 2,550 shares of Korn Ferry common stock as compensation for services.
Summary
- On September 25, 2024, Leamon Jerry, a director of Korn Ferry, acquired 2,550 shares of common stock.
- The acquisition was a grant of restricted stock units as compensation for services as a director.
- The restricted stock units vest in full the day before the next annual meeting of the Issuer's stockholders following the grant date.
- Following the transaction, Leamon Jerry directly owns 19,352 shares of Korn Ferry common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director as compensation is a normal business practice and indicates confidence in the company, but it's not a major event.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future.
Future Outlook
The restricted stock units vest the day before the next annual meeting of the Issuer's stockholders that follows the grant date of September 25, 2024.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading and provide investors with information about the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/25/2024 | Date of transaction: Leamon Jerry acquired 2,550 shares of Korn Ferry common stock. |
| 09/26/2024 | Date of signature for the Form 4 filing. |
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