BBSI CEO exercises awards, tax shares withheld
Barrett Business Services President & CEO Gary Kramer reported a series of compensation-related stock transactions in the company’s common stock.
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Form Type
4
Rhea-AI Filing Summary
Barrett Business Services President & CEO Gary Kramer reported a series of compensation-related stock transactions in the company’s common stock. On July 1, 2026, he exercised or converted derivative awards into 52,371 shares of common stock and received new grants of 43,367 and 1,883 Restricted Stock Units (RSUs).
To cover tax obligations on these equity events, the company withheld a total of 20,610 shares of common stock at $37.73 per share through tax-withholding dispositions coded “F,” which are not open‑market sales. After these transactions, Kramer directly held 360,562 common shares.
Insider Trade Summary
52,371 shares exercised/converted
Exercise
17 txns
Insider
Kramer Gary
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,088 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 13,428 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 14,156 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 11,477 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,222 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,883 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 43,367 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,088 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,428 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,156 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,477 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,222 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,609 | $37.73 | $61K |
| Exercise Price or Tax Liability | Common Stock | 5,284 | $37.73 | $199K |
| Exercise Price or Tax Liability | Common Stock | 5,571 | $37.73 | $210K |
| Exercise Price or Tax Liability | Common Stock | 4,517 | $37.73 | $170K |
| Exercise Price or Tax Liability | Common Stock | 3,629 | $37.73 | $137K |
Holdings After Transaction:
Restricted Stock Units — 110,025 contracts (Direct);
Common Stock — 360,562 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
Common shares from exercises/conversions: 52,371 shares
Tax-withholding shares: 20,610 shares
Tax-withholding price: $37.73 per share
+3 more
6 metrics
Common shares from exercises/conversions
52,371 shares
Exercise or conversion of derivative awards on July 1, 2026
Tax-withholding shares
20,610 shares
Shares withheld at $37.73 per share for tax obligations
Tax-withholding price
$37.73 per share
Price used for F-code tax-withholding dispositions
New RSU grant
43,367 units
Restricted Stock Units granted on July 1, 2026
Additional RSU grant
1,883 units
Smaller Restricted Stock Unit award on July 1, 2026
Direct common stock holdings
332,889 shares
Shares directly owned by Gary Kramer after transactions
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units vest in one installment on July 1, 2026"
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 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vesting financial
"The Restricted Stock Units vest in four annual installments beginning July 1, 2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BBSI President & CEO Gary Kramer report in this Form 4?
Gary Kramer reported equity compensation activity, including exercising or converting awards into common stock and receiving new Restricted Stock Unit grants. The filing also shows shares withheld by the company to cover tax obligations tied to these stock-based compensation events.
What new Restricted Stock Units did Gary Kramer receive from BBSI?
He received new grants of 43,367 and 1,883 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Barrett Business Services common stock, generally delivered when the units vest according to the specified vesting schedules in the award terms.
Are Gary Kramer’s BBSI tax-withholding transactions considered open-market sales?
No, the tax-withholding transactions are not open-market sales. They are coded “F” and represent shares delivered back to the issuer to pay tax obligations on equity awards, rather than discretionary sales executed in the open market by the executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.
