Director James Christopher Hunt of Kelly Services Inc. purchased 1,000 shares of the company’s Class A Common Stock on February 18, 2026, paying $9.5799 per share. The trade amounted to $9,579, and increases Hunt’s direct ownership in the company to 5,976 shares.
The purchase took place while Kelly Services’ stock was trading close to its 52-week low of $7.98 and after a recent six-month decline of 32% in the share price. An InvestingPro analysis cited in relation to the company indicates the stock trades at a price-to-book multiple of 0.35, a valuation metric the analysis characterizes as indicating the stock may be undervalued at current levels.
Separately, the company has taken defensive corporate governance steps following a material change in the composition of its voting stock. The Terence E. Adderley Revocable Trust K, which holds 92.2% of Kelly’s voting Class B common shares, has entered into an agreement to sell its entire interest to a private entity. Upon receiving notice of that pending sale, Kelly’s Board of Directors unanimously approved a stockholder rights plan.
The board’s adoption of the rights plan was announced after the company was informed of the proposed transfer of the large voting stake. Company statements described the move as a measure to protect shareholder interests during the transition, and the board characterized the action as a means to safeguard the company’s corporate governance as ownership changes hands. The pending sale and the rights plan together mark a substantial change to Kelly’s ownership structure.
Investors and observers tracking insider activity and ownership developments will note both Hunt’s incremental purchase and the company’s defensive governance posture as correlated pieces of recent shareholder-level activity. The facts presented here are limited to the transaction details, the valuation commentary provided by InvestingPro, and the company disclosures regarding the sale of the voting stake and the board’s unanimous adoption of the rights plan.
Summary
Director James Christopher Hunt bought 1,000 Class A shares at $9.5799 apiece on February 18, 2026, bringing his direct holdings to 5,976 shares. The transaction occurred while the stock traded near a 52-week low and amid the board’s adoption of a stockholder rights plan following notice of a pending sale of the entity that controls 92.2% of the company’s voting Class B common stock.