Ferencz Garrett 4
Research Summary
AI-generated summary
TrueBlue EVP Ferencz Garrett Sells 2,480 Shares
What Happened Ferencz Garrett, EVP and Chief Legal Officer of TrueBlue, had 2,480 shares disposed on February 23, 2026 to satisfy a tax liability (transaction code F). The shares were recorded at $3.66 per share, for a total value of $9,077. This was a tax-withholding disposal (administrative), not an open-market sale.
Key Details
- Transaction date: 2026-02-23; Form filed: 2026-02-25 (appears timely).
- Disposed: 2,480 shares at $3.66 per share; total value $9,077.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 notes the total includes approximately 7,611 shares purchased pursuant to the TrueBlue Employee Stock Purchase Plan (ESPP).
- Transaction code F indicates shares were withheld to cover tax obligations related to equity issuance/transactions.
Context Tax-withholding disposals are routine when shares are issued under plans (like ESPPs or awards); shares are withheld by the company to satisfy taxes rather than sold on the open market. Such administrative actions are generally less informative about insider sentiment than outright open-market purchases or sales.