Harris Anthony J 4
Research Summary
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BBSI CFO Anthony J. Harris Receives RSUs; Shares Withheld for Taxes
What Happened Anthony J. Harris, Executive Vice President & CFO of Barrett Business Services, had multiple restricted stock units (RSUs) vest/convert on July 1, 2026, resulting in 14,300 shares issued (exercise/conversion at $0.00). To satisfy tax withholding obligations, 5,630 of those shares were withheld/disposed at $37.73 per share, totaling $212,419 in tax-related proceeds. After withholding, Harris received a net 8,670 unrestricted shares. Separately, two RSU award transactions totaling 13,330 RSUs were reported as granted on the same date.
Key Details
- Transaction date: July 1, 2026; Form filed July 2, 2026 (timely).
- Conversions/exercises: 14,300 shares converted from RSUs at $0.00 (transaction code M).
- Tax withholding: 5,630 shares withheld/disposed (transaction code F) at $37.73 each; total tax withholding ≈ $212,419.
- Net shares delivered to insider: 8,670 shares (14,300 converted − 5,630 withheld).
- New RSU awards: 13,330 RSUs granted (1,987 + 11,343) recorded as acquisitions (transaction code A).
- Footnotes: RSUs represent contingent rights to receive shares and have varying vesting schedules (one-time and multi-year installments per footnotes F2–F8).
- Filing timeliness: No late filing indicated.
Context These filings reflect routine RSU vesting and net-share settlement for tax withholding (i.e., shares converted/settled and a portion withheld to cover taxes), not an open-market buy or sale. Tax-withholding disposals are common and do not necessarily signal the insider's view on the company's stock. The newly granted RSUs carry future vesting schedules per the footnotes and will convert to shares according to those terms.