TrueBlue (NYSE: TBI) grants director 29,607 restricted stock units
Rhea-AI Filing Summary
Jones Kim Harris reported acquisition or exercise transactions in this Form 4 filing.
TrueBlue, Inc. director Kim Harris Jones reported an equity award of 29,607 shares of common stock in the form of restricted stock units. These units will vest in full one year from the grant date and will be settled on a one-for-one basis into common shares.
After this grant, her directly held and deferred holdings total 100,060 shares, including 94,719 shares deferred under TrueBlue’s Equity Retainer and Deferred Compensation Plan for Non-Employee Directors. Vested shares from this award will be delivered 90 days after her separation from the Board.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant with deferred delivery; neutral impact.
TrueBlue granted director Kim Harris Jones 29,607 restricted stock units, settling into common stock on a one-for-one basis. The units vest in full one year from the grant date, indicating a standard time-based retention structure for a non-employee director.
Total reported holdings rise to 100,060 shares, largely driven by 94,719 shares deferred under the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors. Delivery of shares from this new grant occurs 90 days after her separation from the Board, further aligning compensation with board tenure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,607 | $0.00 | -- |
Footnotes (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 in full one (1) year from the grant date. Delivery of the vested shares to the Reporting Person will be made ninety (90) days after her separation from service on the Board of Directors. This total includes 94,719 shares deferred pursuant to the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors.