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Barrett Business Services EVP Potts Sells 20,651 Shares; Keeps 32,035

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

James R. Potts, Executive Vice President, General Counsel and Secretary of Barrett Business Services, reported the sale of 20,651 shares of the company's common stock on 08/14/2025. The sale is coded "S" (disposition) and was executed in multiple trades at prices ranging from $46.51 to $47.155, with a reported weighted-average price of $46.7016. After the reported transaction, the reporting person beneficially owned 32,035 shares. The Form 4 statement was signed by an attorney-in-fact on behalf of the reporting person and includes an undertaking to provide trade-level details upon request.

Positive

  • Reporting compliance: Form 4 filed to disclose insider transaction, meeting Section 16 obligations
  • Continued ownership: Reporting person retains 32,035 shares after the sale
  • Transparent pricing: Filing discloses price range ($46.51 to 47.155) and weighted-average price

Negative

  • Insider disposition: Sale of 20,651 shares could be interpreted negatively by some investors
  • Limited context: Filing does not state a reason for the sale or whether it was pursuant to a 10b5-1 plan

Insights

TL;DR: Insider sold a meaningful block but retained substantial holdings; transaction appears routine rather than signal of distress.

The sale of 20,651 shares at a weighted-average price of $46.7016 reduces the reporting persons stake but leaves them with 32,035 shares, indicating continued ownership alignment with shareholders. The trade was executed across multiple prices between $46.51 and $47.155, which suggests execution over more than one trade rather than a single block sale. No derivative transactions or additional changes in beneficial ownership are reported. For investors, this is a disclosed insider sale without accompanying information in this filing that would indicate company-specific material developments.

TL;DR: The filing meets disclosure obligations; sale appears documented and compliant with Rule 16 reporting.

The Form 4 properly identifies the reporting persons role as EVP, General Counsel & Secretary and records a disposition (code S) with post-transaction beneficial ownership. The explanatory note states the transaction was executed in multiple trades and offers to provide granular trade details, which supports transparency. There is no indication in this form of rule 10b5-1 plan reliance or other governance events. As filed, this is a routine insider sale with standard disclosure practices followed.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Potts James R

(Last) (First) (Middle)
8100 NE PARKWAY DRIVE SUITE 200

(Street)
VANCOUVER WA 98662

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BARRETT BUSINESS SERVICES INC [ BBSI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Gen Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/14/2025 S 20,651 D $46.7016(1) 32,035 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $46.51 to $47.155. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
/s/ Anthony Harris, as attorney-in-fact 08/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BBSI report for James R. Potts?

The filing reports a disposition of 20,651 common shares on 08/14/2025 (transaction code S), executed in multiple trades.

At what price were the BBSI shares sold by the reporting person?

Trades occurred at prices ranging from $46.51 to $47.155, with a reported weighted-average price of $46.7016.

How many BBSI shares does James R. Potts own after the reported sale?

After the transaction the reporting person beneficially owned 32,035 shares.

What is the reporting person's role at Barrett Business Services (BBSI)?

The Form 4 identifies the reporting person as EVP, General Counsel & Secretary.

Does the Form 4 indicate the sale was under a 10b5-1 plan?

No. The filing does not indicate the transaction was made pursuant to a 10b5-1 trading plan.
Barrett Business Svcs Inc

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Staffing & Employment Services
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United States
VANCOUVER