Barrett Business Services (BBSI) director exercises 2,344 RSUs and receives 2,782-unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barrett Business Services director Joseph Stephen Clabby exercised equity awards and increased his shareholdings. On July 1, 2026, previously granted Restricted Stock Units covering 2,344 shares vested and were settled in unrestricted common stock, bringing his direct holdings to 17,735 common shares.
On the same date, he received a new grant of 2,782 Restricted Stock Units, each representing a right to one common share. These RSUs vest in one installment on July 1, 2027 and will be settled in unrestricted common stock at vesting, reflecting routine, compensation-related equity activity with no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,344 shares exercised/converted
Mixed
3 txns
Insider
Clabby Joseph Stephen
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 — 17,735 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 vested and exercised: 2,344 units/shares
Common shares held after transaction: 17,735 shares
New RSU grant: 2,782 units
+1 more
4 metrics
RSUs vested and exercised
2,344 units/shares
Restricted Stock Units converted to common stock on July 1, 2026
Common shares held after transaction
17,735 shares
Direct BBSI common stock ownership after RSU settlement
New RSU grant
2,782 units
Restricted Stock Units granted July 1, 2026, each for one common share
New RSU vesting date
July 1, 2027
Single-installment vesting for 2,782 Restricted Stock Units
Key Terms
Restricted Stock Units, derivative security, vest, unrestricted shares of common stock
4 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.
derivative security financial
"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.
vest financial
"The Restricted Stock Units vest in one installment on July 1, 2026"
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.
