Research Summary
AI-generated summary of this SEC filing
BGSF Director Hailey Douglas Receives 8,360-Share Award
What Happened
- Hailey Douglas, a director of BGSF, Inc. (BGSF), received equity awards on 2026-08-04 totaling 8,360 shares: 3,360 shares reported as direct shares and five derivative awards of 1,000 shares each (5,000) reported as derivatives. Each line shows a reported acquisition price of $0.00, indicating these were grants/awards rather than a cash purchase or sale. The filing does not report any cash paid in connection with these awards.
Key Details
- Transaction date: 2026-08-04; Form 4 filed: 2026-08-06 (timely filing).
- Reported amounts: 3,360 direct shares; 5 separate derivative awards of 1,000 shares each (total derivative 5,000); combined total 8,360 shares.
- Reported price per share: $0.00 (award/grant reporting convention; not an open-market purchase).
- Footnote: Derivative grants are stock options pursuant to the BGSF, Inc. 2013 Long-Term Incentive Plan (per filing footnote).
- Shares owned after transaction: Not specified in the provided filing data.
Context
- The derivative entries reflect option-type awards (grants under the 2013 LTIP), not option exercises or immediate sales; they likely vest or become exercisable per plan terms. Such grants are common for compensation and retention and do not represent a cash purchase or sale.