Form 4: Korn Ferry Executive Jeanne MacDonald Reports Stock Transaction
SEC Form 4 Filing
Jeanne MacDonald, CEO RPO of Korn Ferry, reports a transaction involving the disposal of shares to cover tax obligations related to vesting restricted stock.
Summary
- On September 5, 2024, Jeanne MacDonald, CEO RPO of Korn Ferry, disposed of 505 shares of common stock to satisfy tax withholding obligations.
- The transaction was related to the vesting of 995 shares of restricted stock.
- The shares were disposed of at a price of $67.96 per share.
- Following the transaction, MacDonald beneficially owns 19,888 shares of Korn Ferry common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates that a Korn Ferry executive disposed of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of stock transaction and vesting of restricted stock. |
| 09/06/2024 | Date of signature on the Form 4 filing. |
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