TrueBlue (TBI) director Sonita Lontoh awarded 27,566 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TrueBlue, Inc. director Sonita Lontoh acquired an equity award through a Form 4 filing. She received 27,566 restricted stock units of TrueBlue common stock as a grant, with no cash paid per share. These units will be settled one-for-one in common shares and vest in full one year from the grant date. After this award, her reported direct holdings total 74,919 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lontoh Sonita
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,566 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 74,919 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TrueBlue (TBI) director Sonita Lontoh report?
Sonita Lontoh reported acquiring 27,566 restricted stock units of TrueBlue common stock. The award was recorded at a price of $0.00 per share and represents a grant, not an open-market purchase, under the company’s equity compensation arrangements.
What type of equity award did Sonita Lontoh receive from TrueBlue (TBI)?
She received a grant of 27,566 restricted stock units that will be settled in TrueBlue common stock. Each restricted stock unit converts into one share of common stock upon settlement, providing equity-based compensation aligned with the company’s long-term incentives.
When will Sonita Lontoh’s TrueBlue (TBI) restricted stock units vest?
The restricted stock units will vest in full one year from the grant date. Once vested, they will be settled for shares of TrueBlue common stock on a one-for-one basis, according to the terms described in the Form 4 footnote.
How is the TrueBlue (TBI) Form 4 transaction coded for Sonita Lontoh’s award?
The transaction is coded as “A,” meaning a grant, award, or other acquisition. This code signals that the 27,566 restricted stock units were issued to her as part of an equity compensation arrangement, rather than purchased or sold in the market.