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TrueBlue (NYSE: TBI) EVP awarded RSUs, disposes shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TrueBlue, Inc. executive Richard P. Betori, EVP and President of PeopleScout, reported two stock transactions. On February 20, 2026, he acquired 64,592 shares of Common Stock at $0.00 per share through a grant of restricted stock units that will settle one-for-one in the future and vest in three equal installments over three years. On February 21, 2026, he disposed of 3,169 shares of Common Stock at $3.71 per share in a tax-withholding disposition to cover tax obligations related to equity compensation. After these transactions, he directly owned 162,824 shares of TrueBlue Common Stock.

Positive

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Negative

  • None.
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*
Betori Richard P.

(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; President - PeopleScout
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
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 02/20/2026 A 64,592(1) A $0 165,993 D
Common Stock 02/21/2026 F 3,169 D $3.71 162,824 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. Represents a grant of restricted stock units that will be settled for shares of Common Stock on a one-for-one basis in the future. The restricted stock units will vest over a 3-year period in equal installments.
Remarks:
/s/ Todd N. Gilman, Attorney-in-fact 02/24/2026
** 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 transactions did TrueBlue (TBI) executive Richard P. Betori report?

Richard P. Betori reported a grant of 64,592 restricted stock units and a tax-withholding disposition of 3,169 Common Stock shares. The grant was at $0.00 per share, while the tax-related share disposition was priced at $3.71 per share.

How many TrueBlue (TBI) shares did Richard P. Betori acquire in the latest Form 4?

He acquired 64,592 shares of Common Stock through a grant of restricted stock units at $0.00 per share. These units will settle into shares on a one-for-one basis and vest in three equal annual installments over a three-year period.

Why did Richard P. Betori dispose of TrueBlue (TBI) shares in this Form 4 filing?

He disposed of 3,169 shares of Common Stock in a tax-withholding disposition at $3.71 per share. This type of transaction is used to satisfy tax liabilities triggered by equity compensation rather than an open-market sale decision.

What are the vesting terms of Richard P. Betori’s new TrueBlue (TBI) restricted stock units?

The 64,592 restricted stock units granted to Richard P. Betori will vest over three years. Vesting occurs in equal installments each year, and once vested, each unit will be settled for one share of TrueBlue Common Stock.

How many TrueBlue (TBI) shares does Richard P. Betori own after these transactions?

Following the reported grant and tax-withholding disposition, Richard P. Betori directly owns 162,824 shares of TrueBlue Common Stock. This figure reflects his updated direct ownership position after both Form 4 transactions were completed.

What role does Richard P. Betori hold at TrueBlue (TBI) in this Form 4 filing?

In this Form 4, Richard P. Betori is identified as an officer of TrueBlue, serving as Executive Vice President and President of PeopleScout. The reported equity grant and tax-withholding disposition relate to his executive compensation package.
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