TrueBlue (NYSE: TBI) director receives 27,566-share stock grant

Rhea-AI Filing Summary

TrueBlue, Inc. director Paul G. Reitz reported an equity award rather than an open-market trade. He acquired 27,566 shares of Common Stock through a grant of restricted stock units that will settle into shares on a one-for-one basis in the future.

These restricted stock units vest in full one year from the grant date, tying his compensation to the company’s performance over that period. After this grant, his reported direct holdings increased to 58,312 shares of Common Stock, aligning his interests more closely with other shareholders.

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^*

Reitz Paul G

(Last) (First) (Middle)

1015 A STREET

(Street)

TACOMA WA 98335

(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	58,312	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 Paul Reitz report?

Director Paul G. Reitz reported receiving an equity award, not a market trade. He acquired 27,566 shares of TrueBlue common stock through a grant of restricted stock units that will settle into shares on a one-for-one basis at a future date.

How many TrueBlue (TBI) shares were granted to Paul Reitz?

Paul Reitz was granted 27,566 restricted stock units linked to TrueBlue common stock. Each unit represents one future share, giving him potential ownership of 27,566 additional shares once the units settle, subject to the vesting conditions described in the grant.

When do Paul Reitz’s TrueBlue (TBI) restricted stock units vest?

The restricted stock units granted to Paul Reitz vest in full one year from the grant date. After this one-year vesting period, the units are scheduled to be settled into shares of TrueBlue common stock on a one-for-one basis, assuming conditions are met.

Was the TrueBlue (TBI) Form 4 a stock purchase or sale by Paul Reitz?

The Form 4 does not report a stock purchase or sale in the open market. Instead, it shows a grant of 27,566 restricted stock units to director Paul Reitz as compensation, which will convert into common shares after they fully vest in one year.

How many TrueBlue (TBI) shares does Paul Reitz hold after this award?

Following the reported grant, Paul Reitz’s direct holdings total 58,312 shares of TrueBlue common stock. This figure reflects his ownership after the 27,566-share equivalent restricted stock unit award, strengthening the alignment between his personal stake and shareholder interests.

What type of security was reported in the TrueBlue (TBI) Form 4?

The Form 4 reports non-derivative common stock linked to restricted stock units. These units represent a right to receive shares of TrueBlue common stock on a one-for-one basis in the future, once the full one-year vesting period from the grant date has been satisfied.