Director at TrueBlue (NYSE: TBI) receives 27,566-share restricted stock grant

Rhea-AI Filing Summary

TrueBlue, Inc. director William J. Seward reported an equity compensation grant of 27,566 shares of Common Stock on February 20, 2026. The filing describes this as an acquisition through a grant or award, with no cash price per share reported.

A footnote explains the award is in the form of restricted stock units that will settle into Common Stock on a one-for-one basis in the future. These restricted stock units are scheduled to vest in full one year from the grant date, and Seward’s directly held stake after the grant is 27,566 shares.

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

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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^*

Seward William J.

(Last) (First) (Middle)

VESTIS CORPORATION

500 COLONIAL CENTER PARKWAY, SUITE 140

(Street)

ROSWELL GA 30076

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		27,566(1)	A	$0	27,566	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. The shares acquired represent 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.

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).
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FAQ

What insider transaction did TrueBlue (TBI) director William J. Seward report?

William J. Seward reported receiving 27,566 shares of TrueBlue Common Stock through an equity grant. The award is classified as an acquisition via grant or award, reflecting director compensation rather than a market purchase, and increased his directly held position to 27,566 shares.

How many TrueBlue (TBI) shares were granted to William J. Seward?

William J. Seward was granted 27,566 restricted stock units tied to TrueBlue Common Stock. These units represent a future right to receive an equal number of shares, subject to vesting conditions, and his direct holdings after the transaction total the same 27,566 shares.

When do William J. Seward’s TrueBlue (TBI) restricted stock units vest?

The restricted stock units granted to William J. Seward vest in full one year from the grant date. According to the disclosure, this single one-year cliff vesting schedule must be satisfied before the units are settled into shares of TrueBlue Common Stock on a one-for-one basis.

What type of security did William J. Seward acquire from TrueBlue (TBI)?

William J. Seward acquired restricted stock units linked to TrueBlue Common Stock. A footnote explains these units will be settled later into Common Stock on a one-for-one basis, meaning each unit converts into one share once the vesting condition one year from grant is met.

Did William J. Seward buy TrueBlue (TBI) shares on the open market?

No, the transaction is described as a grant or award acquisition, not an open-market purchase. The reported price per share is zero, indicating this was an equity compensation grant of restricted stock units rather than a cash-funded stock purchase on a securities exchange.

How many TrueBlue (TBI) shares does William J. Seward own after this grant?

After the reported grant, William J. Seward directly owns 27,566 shares of TrueBlue Common Stock. This total matches the size of the restricted stock unit award, reflecting his updated direct ownership position immediately following the equity compensation transaction reported on this Form 4.