TrueBlue, Inc.·4

Feb 24, 1:21 PM ET

Betori Richard P. 4

Research Summary

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Updated

TrueBlue (TBI) EVP Richard Betori Receives 64,592-Share RSU Award

What Happened

  • Richard P. Betori, EVP and President — PeopleScout at TrueBlue (TBI), received a grant of 64,592 restricted stock units (RSUs) on 2026-02-20 (reported on Form 4). The grant is reported as acquired at $0.00 (no out-of-pocket purchase price).
  • On 2026-02-21, 3,169 shares were disposed/withheld to satisfy tax withholding obligations at $3.71 per share, totaling about $11,757. The primary event is an RSU award (an acquisition); the small share disposition was a routine tax-withholding action, not an open-market sale.

Key Details

  • Grant date: 2026-02-20 — 64,592 RSUs (Code A: award/acquisition) reported at $0.00 per share.
  • Tax withholding/disposition: 2026-02-21 — 3,169 shares disposed (Code F) at $3.71/share, proceeds ≈ $11,757.
  • Footnote: The RSUs will settle one-for-one into common shares and vest in equal installments over 3 years.
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.
  • Filing date/accession: Form filed 2026-02-24 (check full filing for any timeliness flag; no late‑filing code was provided here).

Context

  • RSU awards are a form of compensation subject to future vesting; they represent potential future share ownership rather than an immediate cash purchase. The 3,169-share disposition reflects tax withholding commonly used to cover tax liabilities when RSUs vest or are issued.
  • These transactions are routine insider compensation and tax handling; they do not by themselves indicate buy/sell intent in the open market.