Director at TrueBlue (TBI) receives 29,097-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TrueBlue, Inc. director Colleen B. Brown reported an equity award of 29,097 shares of Common Stock at a stated price of $0.00 per share. A footnote explains this represents a grant of restricted stock units that will convert into shares on a one-for-one basis and vest in full one year from the grant date. Following this award, her directly held Common Stock balance is 89,112 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BROWN COLLEEN B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,097 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,112 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TrueBlue (TBI) disclose in this Form 4?
TrueBlue reported that director Colleen B. Brown acquired 29,097 shares of Common Stock as an equity award. The filing labels the transaction as a grant or other acquisition, with a stated price of $0.00 per share and direct ownership reported after the grant.
What does the Form 4 footnote say about the TrueBlue (TBI) award?
The footnote states the acquired shares represent a grant of restricted stock units that will be settled for Common Stock on a one-for-one basis in the future. It further explains these restricted stock units will vest in full one year from the grant date provided in the filing.
Is the TrueBlue (TBI) Form 4 transaction a market purchase or a stock grant?
The filing describes the transaction as a grant, award, or other acquisition, not an open-market purchase. The reported price per share is $0.00, and a footnote clarifies the award consists of restricted stock units that will later settle into shares of TrueBlue Common Stock.
When do the TrueBlue (TBI) restricted stock units reported in the Form 4 vest?
The restricted stock units reported in the Form 4 will vest in full one year from the grant date. The footnote explains that once vested, these units will be settled on a one-for-one basis into shares of TrueBlue Common Stock, increasing the director’s share holdings.