[144] Barrett Business Services SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Barrett Business Services (BBSI) shows a proposed sale of 20,651 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $964,434.74 and approximately 25,689,563 shares outstanding, indicating the planned trades represent a small fraction of outstanding stock. The securities were acquired through restricted stock vesting under a registered plan on 07/01/2025 (7,760 shares), 02/24/2025 (6,527 shares), and 07/01/2024 (6,364 shares); all were compensation. The filing lists an approximate sale date of 08/14/2025 on NASDAQ. No sales by the same person in the past three months are reported. The filer certifies no undisclosed material adverse information and includes standard signature and legal notices.

Insights

Financial Analyst

TL;DR: Insider plans to sell vested restricted shares worth about $0.96M, a small portion of the company's float.

The filing documents a routine Rule 144 notice for sale of 20,651 common shares valued at $964,434.74, executed through Morgan Stanley Smith Barney with an approximate trade date of 08/14/2025. The shares originated from restricted stock vesting across three dates in 2024 and 2025 and were received as compensation. With roughly 25.7 million shares outstanding, the proposed sale represents about 0.08% of outstanding shares, suggesting minimal dilution or market impact. No other sales in the prior three months are reported, indicating this is an isolated planned disposition rather than ongoing, large-scale selling.

Corporate Governance Expert

TL;DR: This appears to be a standard, compliant disclosure of an insider selling vested compensation shares under Rule 144.

The notice includes required acquisition details (dates, amounts, nature: restricted stock vesting) and confirms the seller's representation that no undisclosed material adverse information exists. The use of a broker and a specified approximate sale date aligns with normal compliance practices. Absence of sales in the prior three months and the relatively small size versus outstanding shares reduce the likelihood of governance concerns or signaling of distress.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	20651	964434.74	25689563	08/14/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/01/2025	Restricted stock vesting under a registered plan	Issuer			7760	07/01/2025	Compensation
Common	02/24/2025	Restricted stock vesting under a registered plan	Issuer			6527	02/24/2025	Compensation
Common	07/01/2024	Restricted stock vesting under a registered plan	Issuer			6364	07/01/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is being reported in the BBSI Form 144 filing?

The filing reports a proposed sale of 20,651 common shares via Morgan Stanley Smith Barney with an aggregate market value of $964,434.74.

When is the approximate sale date and on which exchange will the BBSI shares be sold?

The approximate date of sale is 08/14/2025 and the securities are to be sold on NASDAQ.

How were the shares being sold acquired?

All shares were acquired through restricted stock vesting under a registered plan on 07/01/2025 (7,760), 02/24/2025 (6,527), and 07/01/2024 (6,364); payment nature is compensation.

Does the filing report other sales by the same person in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

What representation does the filer make about material information?

By signing, the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.