secwatch.observer — SEC 8-K summary
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Issuer:     KFORCE INC (KFRC)
CIK:        0000930420
Form:       8-K
Filed at:   2021-12-23T23:59:59+00:00
Accession:  0000930420-21-000312
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kforce CEO David Dunkel resigns, stays as part-time employee through 2022 under new agreement
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- David L. Dunkel resigns as CEO effective Dec 30, 2021; will serve part-time through Dec 31, 2022 with auto-renewal.
- Base salary $437,500/yr; eligible for annual bonus, discretionary equity; existing awards continue vesting.
- Severance $2.15M lump sum if terminated without cause after Change in Control within 12 months of effective date.
- Non-compete during term plus 2 years; prior employment agreement terminated; insider trading policy remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930420/000093042021000312/0000930420-21-000312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930420/000093042021000312/kfrc-20211222.htm
  HTML page:      https://secwatch.observer/filing/0000930420-21-000312

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer