Ralph Struzziero, a director of Kforce, recently acquired 15 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on September 06, 2019. Struzziero now owns 31,789 shares of the company. Struzziero operates out of Tampa, FL. Some additional info was provided as follows:
The transaction is disclosing a dividend that is exempt from reporting under Rule 16a.
On July 26, 2019, the issuer declared a cash dividend of $0.18 per share of common stock, payable September 20, 2019 to all shareholders of record on September 6, 2019 (the "Dividend"). The additional shares of restricted stock were received by the reporting person in connection with the Dividend and will vest in accordance with the terms of the reporting person's outstanding restricted stock agreement(s).
Includes 2,731 shares of restricted stock.
The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
The Restricted Stock Units ("RSUs") were granted under the stock incentive plan approved at the time and in consideration of the Reporting Person's service as a director. Each RSU represents a contingent right to receive one share of Kforce Inc. common stock.
RSUs vest one year from the date of the grant subject to the reporting person's continued service with Kforce Inc. as of the vesting date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Kforce Inc. common stock.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Kforce makes a similar move, sign up!
Other recent filings from the company include the following:
Kforce's Chief Operations Officer just disposed of 171 shares - Aug. 14, 2020
Kforce director just disposed of 2,760 shares - Aug. 12, 2020
Kforce Just Filed Its Quarterly Report: Basic earnings per s... - Aug. 10, 2020
Kforce Reports Second Quarter 2020 Revenue Of $343.0 Million, Up 1.2% Year Over Year TECH FLEX DECLINED 3.0% YEAR OVER YEAR EPS OF $0.47 TAMPA, FL, - Aug. 10, 2020