TrueBlue (NYSE: TBI) legal chief disposes shares for tax withholding

Rhea-AI Filing Summary

TrueBlue, Inc. executive Garrett Ferencz, EVP and Chief Legal Officer, reported a tax-withholding disposition of 2,480 shares of common stock at $3.66 per share. After this transaction, he holds 227,135 shares, including approximately 7,611 shares purchased through the TrueBlue Employee Stock Purchase Plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ferencz Garrett

Role EVP, Chief Legal Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,480	$3.66	$9K

Holdings After Transaction: Common Stock — 227,135 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Ferencz Garrett

(Last) (First) (Middle)

1015 A STREET

(Street)

TACOMA WA 98402

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TrueBlue, Inc. [ TBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		F		2,480	D	$3.66	227,135(1)	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 total includes approximately 7,611 shares purchased pursuant to the TrueBlue, Inc. Employee Stock Purchase Plan.

Remarks:

	/s/ Todd N. Gilman, Attorney-in-fact	02/25/2026
	** 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 TrueBlue (TBI) report for Garrett Ferencz?

TrueBlue reported that executive Garrett Ferencz disposed of 2,480 shares of common stock to cover tax withholding. The transaction used shares valued at $3.66 each and was categorized as a tax-withholding disposition rather than an open-market sale.

How many TrueBlue (TBI) shares does Garrett Ferencz hold after this Form 4?

After the reported transaction, Garrett Ferencz holds 227,135 TrueBlue common shares. This total includes approximately 7,611 shares acquired through the TrueBlue Employee Stock Purchase Plan, reflecting his ongoing equity stake in the company following the tax-withholding disposition.

Was the TrueBlue (TBI) insider transaction a sale on the open market?

The transaction was not an open-market sale. It was coded as “F,” indicating a tax-withholding disposition where 2,480 shares were delivered at $3.66 per share to satisfy tax liabilities associated with equity compensation.

What does transaction code “F” mean in the TrueBlue (TBI) Form 4 filing?

Code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 2,480 TrueBlue shares were disposed of to satisfy tax withholding obligations tied to Ferencz’s equity awards, rather than representing a discretionary stock sale.

How is the TrueBlue (TBI) Employee Stock Purchase Plan reflected in this Form 4?

A footnote explains that Ferencz’s reported total of 227,135 shares includes about 7,611 shares purchased through the TrueBlue Employee Stock Purchase Plan. This clarifies that part of his holdings comes from ongoing employee share purchases, not only from equity awards.