BBSI (NASDAQ: BBSI) director adds shares through RSU exercise and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BARRETT BUSINESS SERVICES INC director Mark Steven Finn reported equity compensation activity involving the company’s stock. He exercised 2,344 previously awarded Restricted Stock Units into an equal number of common shares at no cost, bringing his direct common stock holdings to 23,287 shares. He also received a new award of 2,782 Restricted Stock Units, each representing a right to one share of common stock. Footnotes explain these RSUs vest in single installments on future July 1 dates and will be settled in unrestricted common shares when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,344 shares exercised/converted
Mixed
3 txns
Insider
Finn Mark Steven
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,344 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,782 | $0.00 | -- |
| Exercise | Common Stock | 2,344 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 23,287 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock. 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. The Restricted Stock Units vest in one installment on July 1, 2027, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
Key Figures
RSUs exercised into common: 2,344 shares
New RSU grant: 2,782 units
Common shares after transactions: 23,287 shares
+2 more
5 metrics
RSUs exercised into common
2,344 shares
Restricted Stock Units converted to common stock on July 1, 2026
New RSU grant
2,782 units
Restricted Stock Units awarded on July 1, 2026
Common shares after transactions
23,287 shares
Direct common stock holdings following reported transactions
Price per RSU transaction
$0.00 per unit
Both RSU exercise and grant recorded at no cash consideration
Underlying shares for new RSUs
2,782 shares
Common stock deliverable upon settlement of the new RSU award
Key Terms
Restricted Stock Units, derivative security, contingent right, vest
4 terms
Restricted Stock Units financial
"The Restricted Stock Units vest in one installment on July 1, 2026, and will be settled by delivery of unrestricted shares of 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock"
vest financial
"The Restricted Stock Units vest in one installment on July 1, 2026, and will be settled"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did BBSI director Mark Steven Finn report?
He reported three equity-related transactions: exercising 2,344 Restricted Stock Units into common stock, receiving 2,782 new Restricted Stock Units, and the related derivative exercise entry reducing the vested RSUs balance to zero after conversion.
What is the size of the new Restricted Stock Unit grant to the BBSI director?
He received a new award of 2,782 Restricted Stock Units. Each unit represents a contingent right to one share of BARRETT BUSINESS SERVICES INC common stock, to be delivered as unrestricted shares when the RSUs vest and are settled.
At what price were the BBSI Restricted Stock Units exercised and granted?
Both the exercise of 2,344 Restricted Stock Units and the grant of 2,782 new units were recorded at $0.00 per unit. This reflects that these awards are a form of equity compensation, not open-market purchases for cash.
When do the BARRETT BUSINESS SERVICES (BBSI) Restricted Stock Units vest?
Footnotes state the Restricted Stock Units vest in single installments on July 1, 2026 and July 1, 2027. On the applicable vesting date, they will be settled by delivering unrestricted shares of BBSI common stock to the reporting person.