Form 4: ManpowerGroup Director Acquires Deferred Stock Units

ManpowerGroup Director William P. Gipson acquired 9,976 deferred stock units through dividend reinvestment and annual grants, increasing his beneficial ownership.

Summary

• William P. Gipson, a Director of ManpowerGroup Inc. (MAN), acquired a total of 9,976 Deferred Stock Units (DSUs) on January 1, 2026.
• These acquisitions include DSUs received in lieu of dividends, DSUs in lieu of 100% of the 2025 Retainer, and an annual grant of DSUs.
• A total of 829 DSUs were received in lieu of dividends, with an Average Trading Price of $41.48 per unit.
• An additional 2,893 DSUs were received in lieu of the 2025 Retainer, also at an Average Trading Price of $41.48 per unit.
• An annual grant of 6,054 DSUs was received, with a Market Price of $29.73 per unit.
• All DSUs are fully vested on the date of grant, except for the annual grant of 6,054 DSUs which vests in quarterly installments during 2026.
• The DSUs will be settled in shares of ManpowerGroup common stock on a 1-for-1 basis, with various settlement dates ranging from January 1, 2028, to January 1, 2032, or within 30 days after the reporting person's termination of service as a director.
• Following these transactions, William P. Gipson beneficially owns a total of 26,686 Deferred Stock Units.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of insider transactions related to director compensation, which is neither inherently positive nor negative for the company's immediate financial performance.

Positives

• The acquisition of deferred stock units aligns the director's long-term interests with those of the shareholders.
• The grants represent a standard form of director compensation, indicating continuity in remuneration practices.

Future Outlook

The deferred stock units are scheduled to settle in shares of ManpowerGroup common stock on various dates between January 1, 2028, and January 1, 2032, or upon the director's termination of service.

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive landscape.

Related Party Transactions

• Director compensation in the form of deferred stock units, which is a standard related party transaction for executive and director remuneration.

Stakeholder Impact

• Shareholders: The grants align the director's financial interests with the long-term performance of the company's stock, potentially fostering better governance and strategic decisions.

Next Steps

• Settlement of deferred stock units into common stock on specified future dates (January 1, 2028, 2029, 2030, 2032) or within 30 days after the reporting person's termination of service as a director.

Key Dates

Keywords

ManpowerGroup, MAN, Form 4, Insider Transaction, Deferred Stock Units, DSU, Director Compensation, Equity Incentive Plan, Stock Ownership