BGSF Form 4: Director Adds 2,686 Shares, Receives 5,000 Options
Form 4 highlights for BGSF (filed 08 Aug 2025): Director C. David Allen, Jr. reported an open-market acquisition of 2,686 common shares on 05 Aug 2025 at a stated price of $0 (share grant), raising his direct holdings to 93,952 shares.
Rhea-AI Filing Summary
Form 4 highlights for BGSF (filed 08 Aug 2025): Director C. David Allen, Jr. reported an open-market acquisition of 2,686 common shares on 05 Aug 2025 at a stated price of $0 (share grant), raising his direct holdings to 93,952 shares.
In addition, the director received 5,000 new stock options under the 2013 Long-Term Incentive Plan with a fixed exercise price of $6.98. The award vests in five equal annual tranches of 1,000 options each from 2025-2029 and expires on 05 Aug 2035. Post-grant, Allen holds 5,000 options in total.
- Role: Non-employee director
- Transaction code: “A” (acquisition)
- No sales or dispositions were reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider buy and option grant, modestly positive signal, minimal dilution.
The 2,686-share grant increases Allen’s equity stake by ~2.9% of his prior holdings, suggesting continued confidence but not a game-changing commitment. The at-the-money options are standard director compensation; staggered vesting aligns long-term incentives without near-term cash outlay for the company. No shares were sold, so net insider flow is positive. However, the absolute share count is immaterial versus BGSF’s float, so market impact should be limited unless followed by additional insider accumulation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 1,000 | $0.00 | $0.00 |
| Grant/Award | Stock Options | 1,000 | $0.00 | $0.00 |
| Grant/Award | Stock Options | 1,000 | $0.00 | $0.00 |
| Grant/Award | Stock Options | 1,000 | $0.00 | $0.00 |
| Grant/Award | Stock Options | 1,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock, $0.01 per share par value | 2,686 | $0.00 | $0.00 |
Footnotes (1)
- F1. Stock options to purchase shares pursuant to the BGSF, Inc. 2013 Long-Term Incentive Plan.
FAQ
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What did BGSF director C. David Allen, Jr. buy on 05-Aug-2025?
What is the exercise price and size of the new BGSF option grant?
How long do the new BGSF options remain exercisable?
AI-generated analysis. How Rhea-AI works. Not financial advice.