[144] Barrett Business Services SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Barrett Business Services (BBSI) reports a proposed sale of 22,344 common shares through Morgan Stanley Smith Barney with an aggregate market value of $1,084,258.24. The shares represent vested restricted stock acquired in four tranches on 02/26/2024 and 07/01/2024, paid as compensation. The filing lists the number of shares outstanding as 25,689,563 and an approximate sale date of 08/22/2025 on NASDAQ. No securities were reported sold in the past three months. The filer certifies no undisclosed material adverse information is known and includes the standard attestation about trading plans and Rule 10b5-1.

Positive

• Full disclosure of key sale details including broker, share count, aggregate value, planned sale date, and exchange
• Securities originate from restricted stock vesting and are identified as compensation, clarifying acquisition nature
• No reported sales in prior three months, reducing complexity for aggregation under Rule 144

Negative

• None.

Insights

Securities Compliance Analyst

TL;DR: Routine insider sale notice for vested restricted stock, complying with Rule 144 disclosure requirements.

The filing discloses a proposed sale of 22,344 shares derived from restricted stock vesting events and identifies the executing broker and planned sale date. It includes the standard representation that the seller lacks undisclosed material information. There are no reported sales in the prior three months, which simplifies aggregation considerations. For compliance reviewers, key items are present: acquisition dates, nature of acquisition (restricted stock vesting), payment method (compensation), broker details, and the aggregate value. The filing does not state a trading plan adoption date; if a Rule 10b5-1 plan exists, the plan date should be indicated to clarify affirmative defenses.

Equity Research Analyst

TL;DR: Insider plans to sell a small fraction of outstanding shares; transaction appears administrative rather than strategic.

The proposed sale equals approximately 0.087% of outstanding shares (22,344 of 25,689,563), indicating the transaction is modest in scale relative to the company capitalization. The shares originate from compensation-related restricted stock vesting on two dates in 2024, totaling 22,344 shares. No recent sales are reported, so this notice appears to be a single planned disposition rather than part of an ongoing selling pattern. The filing provides sufficient basic disclosure for market transparency but does not include any explanatory commentary about intent beyond the standard attestations.

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	22344	1084258.24	25689563	08/22/2025	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	07/01/2024	Restricted stock vesting under a registered plan	Issuer			2239	07/01/2024	Compensation
Common	07/01/2024	Restricted stock vesting under a registered plan	Issuer			5024	07/01/2024	Compensation
Common	02/26/2024	Restricted stock vesting under a registered plan	Issuer			8245	02/26/2024	Compensation
Common	07/01/2024	Restricted stock vesting under a registered plan	Issuer			6836	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 shares does the BBSI Form 144 propose to sell?

The notice proposes sale of 22,344 common shares of Barrett Business Services (BBSI).

Who is the broker handling the proposed sale on the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

What is the aggregate market value and planned sale date on the Form 144?

Aggregate market value is $1,084,258.24 and the approximate date of sale is 08/22/2025.

How were the securities acquired according to the filing?

All disclosed shares were acquired through restricted stock vesting under a registered plan and recorded as compensation on the acquisition dates.

Does the filing report any securities sold in the past three months?

No. The section for securities sold during the past three months states Nothing to Report.