BBSI (NASDAQ: BBSI) CFO logs RSU grants, exercises and tax share withholdings
Rhea-AI Filing Summary
BARRETT BUSINESS SERVICES INC Executive VP & CFO Anthony J. Harris reported compensation-related equity activity in the company’s common stock. On July 1, 2026, he exercised derivative awards to acquire a total of 14,300 shares of common stock and had 5,630 shares withheld at $37.73 per share to satisfy tax obligations, rather than selling shares in the open market. Following these transactions, he directly held 97,709 shares of common stock. He also received new Restricted Stock Unit (RSU) awards as equity compensation, which are scheduled to vest in single or annual installments beginning on various July 1 dates and will be settled in unrestricted shares of common stock on their respective vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,670 shares
Net Buy
17 txns
Insider
Harris Anthony J
Role
Executive VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 456 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,352 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,128 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,972 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,392 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,987 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 11,343 | $0.00 | $0.00 |
| Exercise | Common Stock | 456 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,352 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,128 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,972 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,392 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 180 | $37.73 | $7K |
| Exercise Price or Tax Liability | Common Stock | 1,713 | $37.73 | $65K |
| Exercise Price or Tax Liability | Common Stock | 1,625 | $37.73 | $61K |
| Exercise Price or Tax Liability | Common Stock | 1,170 | $37.73 | $44K |
| Exercise Price or Tax Liability | Common Stock | 942 | $37.73 | $36K |
Holdings After Transaction:
Restricted Stock Units — 30,577 shares (Direct);
Common Stock — 105,923 shares (Direct)
Footnotes (8)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. The Restricted Stock Units vest in one installment on July 1, 2026, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F3. The Restricted Stock Units vest in four annual installments beginning July 1, 2023, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F4. The Restricted Stock Units vest in four annual installments beginning July 1, 2024, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F5. The Restricted Stock Units vest in four annual installments beginning July 1, 2025, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F6. The Restricted Stock Units vest in four annual installments beginning July 1, 2026, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F7. The Restricted Stock Units vest in one installment on July 1, 2031, and will be settled by delivery of unrestricted shares of common stock on the vesting date
- F8. The Restricted Stock Units vest in four annual installments beginning July 1, 2027, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
Key Figures
Derivative exercises into common stock: 14,300 shares
Shares withheld for taxes: 5,630 shares
Tax withholding price: $37.73 per share
+3 more
6 metrics
Derivative exercises into common stock
14,300 shares
Total exerciseShares reported in transactionSummary
Shares withheld for taxes
5,630 shares
taxWithholdingShares at $37.73 per share
Tax withholding price
$37.73 per share
Price used for F-code tax-withholding dispositions
Post-transaction common stock holdings
97,709 shares
Total shares of common stock directly held after final transaction
New RSU grant
11,343 units
Restricted Stock Units awarded, each for one common share
Additional RSU grant
1,987 units
Restricted Stock Units awarded, each for one common share
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, Executive VP & CFO, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Executive VP & CFO financial
"officer_title": "Executive VP & CFO""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What transactions did BBSI Executive VP & CFO Anthony J. Harris report on this Form 4?
Anthony J. Harris reported equity compensation activity, including exercises of derivative awards into common stock and related tax-withholding dispositions. He also reported new Restricted Stock Unit grants that will deliver unrestricted BBSI common shares upon future vesting, rather than any open-market share purchases or sales.
What are the new Restricted Stock Unit grants reported by BBSI CFO Anthony J. Harris?
He received new RSU awards covering 11,343 and 1,987 units, each representing a contingent right to one BBSI common share. These RSUs serve as equity compensation and will be settled in unrestricted common stock when they vest according to the stated vesting schedules.
What are the vesting schedules for Anthony J. Harris’s BBSI Restricted Stock Units?
The RSU awards vest either in one installment on specific July 1 dates or in four annual installments beginning July 1 of designated years. Upon each vesting date, the RSUs will be settled by delivering unrestricted shares of BBSI common stock to the reporting person.
Do the BBSI Form 4 transactions involve any open-market stock sales by the CFO?
The transactions use codes for derivative exercises and tax-withholding dispositions, not open-market sales. Shares were withheld at $37.73 per share to pay tax liabilities arising from equity awards, and the filing does not show any open-market purchases or sales of BBSI stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
