TrueBlue (TBI) director receives 27,566-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TrueBlue, Inc. director Kristi A. Savacool reported an equity award of 27,566 shares of Common Stock, received as a grant of restricted stock units at no cash cost to her. These units will convert into shares on a one-for-one basis.
The restricted stock units vest in full one year from the grant date, with delivery of the vested shares scheduled 90 days after her separation from service on the Board. Following this award, she reports direct beneficial ownership of 89,536 shares, including 82,940 shares deferred under the company’s director compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Savacool Kristi A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,566 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,536 shares (Direct)
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 82,940 shares deferred pursuant to the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors.
FAQ
What insider transaction did TrueBlue (TBI) director Kristi Savacool report?
Kristi A. Savacool reported receiving a grant of 27,566 restricted stock units in TrueBlue Common Stock. The award is classified as an acquisition, not an open-market purchase, and was received at a stated price of $0.0000 per share as director equity compensation.
How and when do Kristi Savacool’s new TrueBlue (TBI) restricted stock units vest?
The 27,566 restricted stock units granted to Kristi Savacool vest in full one year from the grant date. Once vested, the units will be settled one-for-one in TrueBlue Common Stock, aligning her compensation with long-term service on the Board of Directors.