Potts James R 4
Research Summary
AI-generated summary
BBSI EVP General Counsel James R. Potts Sells 1,803 Shares
What Happened
James R. Potts, EVP, General Counsel & Secretary of Barrett Business Services, sold 1,803 shares of BBSI stock on 2026-03-17 at $28.68 per share, generating proceeds of $51,710. The sale was reported on a Form 4 filed 2026-03-18.
Key Details
- Transaction date and price: 2026-03-17, 1,803 shares sold at $28.68 each.
- Total proceeds: $51,710 (1,803 × $28.68).
- Transaction type: Sale (reported as "Open market or private sale" — code S).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on 2025-12-15.
- Filing timeliness: Form 4 filed on 2026-03-18 (filed the next day; appears timely).
Context
Sales executed under pre-established 10b5-1 plans are routine, pre-arranged trades and do not necessarily reflect the insider’s current view of the company. For retail investors, purchases typically carry more direct informational weight than routine sales.