[Form 4] KELLY SERVICES INC Insider Trading Activity

Rhea-AI Filing Summary

Kelly Services insider sale: Senior Vice President Daniel H. Malan reported selling 7,840 shares of Class A common stock on 09/25/2025 at an average price of $12.8646 per share. After the transaction he beneficially owned 79,791 shares, reported as directly held. The filing states the sale comprised twelve trades priced between $12.82 and $12.92 per share and was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Timely and detailed disclosure of the insider sale including average price and price range
• Clear reduction to post-transaction beneficial ownership (79,791 shares) documented

Negative

• Insider sale of 7,840 shares which reduces executive's direct holdings
• No reason provided for the disposition in the filing (routine or otherwise)

Insights

Securities Analyst

TL;DR: Insider sale of 7,840 shares at ~$12.86 reduces direct holdings to 79,791 shares; appears to be a routine disposition.

The Form 4 discloses a non-derivative sale by a Senior Vice President totaling 7,840 Class A shares executed in twelve trades at prices from $12.82 to $12.92, averaging $12.8646. The transaction lowers the executive's direct position to 79,791 shares. The filing provides clear transaction details and indicates timely compliance with Section 16 reporting obligations. There is no information on the reason for the sale or any derivative transactions. From a market-impact perspective, the disclosed size is modest relative to typical public float and no material change to control is indicated.

Corporate Governance Expert

TL;DR: The disclosure is complete and timely; sale is a routine insider disposition with no governance red flags in the filing.

The Form 4 is properly executed and specifies the reporting person, relationship to the issuer (Senior Vice President and director), transaction date, number of shares sold, and post-transaction holdings. The explanatory note details trade count and price range, which supports transparency. The filing does not disclose any affiliation changes, option exercises, or other arrangements that would raise governance concerns. Absent additional context, this appears to be a standard, compliant insider sale.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Malan Daniel H

(Last) (First) (Middle)

999 WEST BIG BEAVER ROAD

(Street)

TROY MI 48084-4716

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KELLY SERVICES INC [ KELYA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, Par Value $1	09/25/2025		S		7,840	D	$12.8646(1)	79,791	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 7,840 shares were sold at an average price of $12.8646 per share. Twelve individual trades were executed at prices ranging from $12.82 per share to $12.92 per share.

	/s/ Cynthia D. Mull, attorney-in-fact for Mr. Malan	09/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the KELYA Form 4 report show?

The Form 4 reports that Senior Vice President Daniel H. Malan sold 7,840 Class A shares on 09/25/2025 at an average price of $12.8646 per share.

How many KELYA shares did the insider own after the sale?

After the reported sale the insider beneficially owned 79,791 shares of Class A common stock.

What price range were the KELYA trades executed at?

The twelve individual trades were executed at prices ranging from $12.82 to $12.92 per share.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Cynthia D. Mull, attorney-in-fact for Mr. Malan on 09/25/2025.

Does the Form 4 show any derivative transactions for KELYA?

No. Table II (derivative securities) contains no entries; only a non-derivative sale is reported.