Seward William J. 4
Research Summary
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TrueBlue (TBI) Director William J. Seward Receives RSU Award
What Happened William J. Seward, a director of TrueBlue, Inc. (TBI), received an award of 27,566 restricted stock units (RSUs) on February 20, 2026. The reported transaction is coded as an award/grant (A) at $0.00 per share (total reported value $0) because the RSUs represent a future settlement in common stock rather than an immediate cash purchase or sale.
Key Details
- Transaction date: 2026-02-20; Filing date (Form 4): 2026-02-24 (filed within the SEC’s 2-business-day window).
- Reported grant: 27,566 RSUs at $0.00 (reported value $0).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnote: The RSUs will settle one-for-one into shares of Common Stock and will vest in full one year from the grant date (per footnote F1).
- Transaction code: A (award/grant).
Context This filing documents a compensation-related equity award (RSUs), which is different from an open-market purchase or sale. RSU grants are commonly used for retention and compensation; they do not reflect an immediate cash investment by the insider. The shares will only become actual stock holdings if and when the RSUs vest and are settled.