TrueBlue (NYSE: TBI) CFO has 3,315 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TrueBlue, Inc. executive vice president and chief financial officer Carl Schweihs reported a tax-withholding disposition of 3,315 shares of common stock at $3.66 per share. This transaction was coded as a payment of tax liability by delivering securities rather than an open-market trade.
After this transaction, Schweihs directly holds 285,754 shares of TrueBlue common stock, which the disclosure states includes approximately 9,560 shares acquired through the TrueBlue Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schweihs Carl
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,315 | $3.66 | $12K |
Holdings After Transaction:
Common Stock — 285,754 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TrueBlue (TBI) report for Carl Schweihs?
TrueBlue disclosed that EVP and CFO Carl Schweihs disposed of 3,315 shares of common stock to cover tax obligations. The shares were valued at $3.66 each, and the transaction was classified as a tax-withholding disposition, not an open-market purchase or sale.
Was the TrueBlue (TBI) Carl Schweihs Form 4 a sale on the open market?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 3,315 shares of TrueBlue common stock were used to pay tax liability, as indicated by transaction code F and the description of payment by delivering securities.
What does transaction code F mean in the TrueBlue (TBI) Form 4 filing?
Transaction code F in this Form 4 indicates payment of an exercise price or tax liability using securities. For TrueBlue, it shows 3,315 common shares were disposed of at $3.66 per share specifically to satisfy tax obligations, rather than being sold on the market.
What role does Carl Schweihs hold at TrueBlue (TBI) in this Form 4?
Carl Schweihs is identified as executive vice president and chief financial officer of TrueBlue, Inc. The Form 4 lists him as an officer, not a director or 10% owner, and reports his direct ownership stake following the tax-withholding share disposition.