BGSF Director Acquires 2,686 Shares, Gets 5,000 Options (Form 4)
BGSF, Inc. Form 4: Director Richard L. Baum Jr. reported insider acquisitions dated 08/05/2025.
Rhea-AI Filing Summary
BGSF, Inc. Form 4: Director Richard L. Baum Jr. reported insider acquisitions dated 08/05/2025.
Equity award: 2,686 common shares were acquired at $0, lifting his direct holdings to 138,275 shares.
Option grant: Baum also received 5,000 stock options under the 2013 LTIP, exercisable at $6.98 and expiring 08/05/2035. The grant is structured in five equal tranches that vest annually from 2025-2029, adding long-term incentive alignment.
No shares were sold and all transactions carry code “A,” indicating awards rather than open-market purchases. While the absolute share count is modest, insider accumulation combined with a multi-year, in-the-money option package can be interpreted as a vote of confidence in BGSF’s prospects and aligns the director’s interests with shareholders.
Positive
- Insider share increase: 2,686 shares added with no dispositions, signalling confidence.
- Long-term option package: 5,000 options at $6.98 align director incentives through 2035.
Negative
- None.
Insights
TL;DR: Director receives stock and options; modest but positive insider signal.
The filing shows Baum increasing direct ownership at no cost and accepting 10-year options priced near recent trading levels. Such grants reinforce retention and offer upside leverage if management executes. The limited size—about 2% of his existing stake and immaterial to float—tempers impact, yet the absence of sales and long-dated vesting schedules point to a constructive insider stance. Overall, the event is mildly favorable but not materially price-moving.
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 is the exercise price of the new BGSF options?
When do the granted BGSF options expire?
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