Savacool Kristi A 4
Research Summary
AI-generated summary
TrueBlue (TBI) Director Kristi Savacool Receives 27,566-Share Award
What Happened
- Kristi A. Savacool, a member of TrueBlue's Board of Directors, received a grant of 27,566 restricted stock units (RSUs) on February 20, 2026. The RSUs were reported as an acquisition (code A) at a $0.00 price (non-cash compensation). The award will settle one-for-one into common shares after vesting.
Key Details
- Transaction date and type: 2026-02-20 — Grant/Award (Form 4 code A)
- Amount: 27,566 RSUs granted; reported acquisition price $0.00 (compensation award, not a purchase)
- Vesting/delivery: RSUs vest in full one year from the grant date. Delivery of vested shares will be made 90 days after the reporting person’s separation from the Board (per footnote F1).
- Reported totals: The filing notes (F2) that the reported total includes 82,940 shares deferred under the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors.
- Filing timeliness: Form 4 filed 2026-02-24 for a 2026-02-20 grant — filing date appears to be within the normal reporting window (not flagged as late).
Context
- This was a compensation grant (RSUs), not an open-market buy or sale; such awards are routine for non-employee directors as part of pay and retention and do not by themselves indicate immediate bullish or bearish trading activity.
- The RSUs convert to shares on a one-for-one basis once vested; there was no option exercise or immediate sale reported.