The top executive at Kforce Inc. has turned over hundreds of thousands of additional shares of Kforce stock to his ex-wife.
David Dunkel transferred 320,852 shares of Kforce (NASDAQ: KFRC) stock to Maureen Daly on Thursday. The transfer was reported in a filing late Friday with the U.S. Securities and Exchange Commission.
Dunkel now has transferred a total of 682,115 Kforce shares to Daly, the total amount ordered by a Hillsborough County judge who presided over the couple’s contentious divorce case. That includes a stock transfer in March of 361,263 shares.
The latest transfer occurred after the Florida Second District Court of Appeals denied a motion by Dunkel to partially stay the implementation of the final judgment in the divorce. Dunkel is continuing to appeal that final judgment, the SEC filing said, and resolution of the outstanding appeal could result in some of the shares being returned to Dunkel, the filing said.
At the closing price of $22.51 a share on Friday, the stock now transferred to Daly would be valued at $15.35 million. Her holdings would make her the third-largest individual shareholder in Kforce, a Tampa-based staffing firm, according to the company’s most recent proxy filing, controlling about 2.3 percent of the total stock outstanding.
Among individuals, only Dunkel and Vice Chairman Richard Cocchiaro controlled more stock at the time the proxy was filed. There also are institutional shareholders that each control between about 5 percent and 10 percent of the stock.
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