Please wait





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)




SCHEDULE 13D/A 0001174947-18-001244 0001756397 XXXXXXXX LIVE 1 Class B Common Stock, $1.00 Par value 03/28/2025 false 0000055135 488152307 KELLY SERVICES INC 999 W BIG BEAVER RD TROY MI 48084 Andrew H. Curoe 313-259-7777 Bodman PLC, 6th Floor at Ford Field 1901 St. Antoine Street Detroit MI 48226 0001756397 N TERENCE E. ADDERLEY REVOCABLE TRUST K b OO N MI 0.00 3039940.00 0.00 3039940.00 3039940.00 N 92.2 OO Y Andrew H. Curoe b OO N X1 0.00 3082765.00 0.00 3082765.00 3082765.00 N 93.5 IN Y David M. Hempstead b OO N X1 0.00 3039940.00 0.00 3039940.00 3039940.00 N 92.2 IN Y William U. Parfet b OO N X1 0.00 3039940.00 0.00 3039940.00 3139940.00 N 92.2 IN Class B Common Stock, $1.00 Par value KELLY SERVICES INC 999 W BIG BEAVER RD TROY MI 48084 This statement is being filed by the following persons (each a "Reporting Person" and, collectively, the "Reporting Persons"): Terence E. Adderley Revocable Trust K ("Trust K"); Andrew H. Curoe, as co-trustee of Trust K; David M. Hempstead, as co-trustee of Trust K; and William U. Parfet, as co-trustee of Trust K (together with Mr. Curoe and Mr. Hempstead, the "Trust K Trustees"). For Trust K: Terence E. Adderley Revocable Trust K c/o Andrew H. Curoe, Trustee 6th Floor at Ford Field 1901 St. Antoine Street Detroit, MI 48226 For the Trust K Trustees: c/o Andrew H. Curoe 6th Floor at Ford Field 1901 St. Antoine Street Detroit, MI 48226 For Trust K: Not applicable. For Mr. Curoe: Attorney, Bodman PLC, 6th Floor at Ford Field, 1901 St. Antoine Street, Detroit, MI 48226. For Mr. Hempstead: Attorney, Bodman PLC, 6th Floor at Ford Field, 1901 St. Antoine Street, Detroit, MI 48226. For Mr. Parfet: Chairman and CEO, Northwood Group, LLC, 277 S. Rose Street, Suite 3500, Kalamazoo, MI 49007 During the last five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five years, none of the Reporting Persons was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Trust K: Not applicable. For Mr. Curoe: United States. For Mr. Hempstead: United States. For Mr. Parfet: United States. Trust K was created by Terence E. Adderley during his lifetime as a revocable trust, with Mr. Adderley serving as the trustee of, and retaining the right to revoke, Trust K. During his lifetime, Mr. Adderley funded Trust K, including a gift of 3,139,940 shares of Class B Stock to Trust K. Mr. Adderley died on October 9, 2018, at which time the trust became irrevocable. In accordance with the provisions of Trust K, the Trust K Trustees were appointed as successor trustees of the trust. Mr. Curoe may be deemed the beneficial owner of an additional 42,825 shares of Class B Stock held by trusts where Mr. Curoe acts as trustee or co-trustee, including ten trusts holding 100 shares of Class B Stock each, and one trust holding 41,825 shares of Class B Stock. On March 28, 2025, Trust K gifted 100,000 shares of Class B Stock to a charitable foundation (the "Gifted Shares"). None of the Reporting Persons retain ongoing voting or dispositive power over the Gifted Shares. The Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions set forth in clauses (a) through (j) of Item 4 of Schedule 13D. The aggregate number and percentage of the shares of Class B Stock beneficially owned by each Reporting Person set forth below and on pages 2-5 hereof are based on 3,295,841 shares of Class B Stock outstanding as of February 2, 2025. For Trust K: (a) Amount beneficially owned: 3,039,940 Percent of class: 92.2% (b) Number of shares to which the Reporting Person has: i. Sole power to vote or direct the vote: 0 ii. Shared power to vote or direct the vote: 3,039,940 iii. Sole power to dispose or to direct the disposition of: 0 iv. Shared power to dispose or direct the disposition of: 3,039,940 For Mr. Curoe: (a) Amount beneficially owned: 3,082,765 Percent of class: 93.5% (b) Number of shares to which the Reporting Person has: i. Sole power to vote or direct the vote: 0 ii. Shared power to vote or direct the vote: 3,082,765 iii. Sole power to dispose or to direct the disposition of: 0 iv. Shared power to dispose or direct the disposition of: 3,082,765 For Mr. Hempstead: (a) Amount beneficially owned: 3,039,940 Percent of class: 92.2% (b) Number of shares to which the Reporting Person has: i. Sole power to vote or direct the vote: 0 ii. Shared power to vote or direct the vote: 3,039,940 iii. Sole power to dispose or to direct the disposition of: 0 iv. Shared power to dispose or direct the disposition of: 3,039,940 For Mr. Parfet: (a) Amount beneficially owned: 3,039,940 Percent of class: 92.2% (b) Number of shares to which the Reporting Person has: i. Sole power to vote or direct the vote: 0 ii. Shared power to vote or direct the vote: 3,039,940 iii. Sole power to dispose or to direct the disposition of: 0 iv. Shared power to dispose or direct the disposition of: 3,039,940 On March 28, 2025, Trust K gifted 100,000 shares of Class B Stock to a charitable foundation. None. Not applicable. The Trust K Trustees must act by majority vote to exercise investment or voting power over the Class B Shares owned by Trust K. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934 (the "Exchange Act"), this filing shall not be deemed an admission that the Trust K Trustees are, for purposes of Section 13(d) of the Exchange Act or otherwise, the beneficial owner of any equity securities reported herein. Not applicable. TERENCE E. ADDERLEY REVOCABLE TRUST K /s/ Andrew H. Curoe Andrew H. Curoe/Co-Trustee 04/01/2025 Andrew H. Curoe /s/ Andrew H. Curoe Andrew H. Curoe, as Co-Trustee of the Terence E. Adderley Revocable Trust K 04/01/2025 David M. Hempstead /s/ David M. Hempstead David M. Hempstead, as Co-Trustee of the Terence E. Adderley Revocable Trust K 04/01/2025 William U. Parfet /s/ William U. Parfet William U. Parfet, as Co-Trustee of the Terence E. Adderley Revocable Trust K 04/01/2025