TrueBlue (TBI) CEO receives 408,372 RSUs and 26,774 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TrueBlue, Inc. reported that CEO and President Taryn R. Owen received an equity grant linked to company stock and had shares withheld to cover taxes. On the award date, Owen acquired 408,372 restricted stock units at no cost, which will convert into common shares on a one-for-one basis as they vest over three years in equal installments. In a separate transaction, 26,774 shares of common stock were disposed of at $3.71 per share to satisfy tax obligations, leaving Owen with 784,857 directly held shares after that tax-withholding transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Owen Taryn R
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 26,774 | $3.71 | $99K |
| Grant/Award | Common Stock | 408,372 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 784,857 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did TrueBlue (TBI) report for Taryn R. Owen?
TrueBlue reported that CEO Taryn R. Owen received 408,372 restricted stock units and had 26,774 common shares disposed of for tax withholding. The award was at no cost and the tax-related share disposition followed a price of $3.71 per share.
How many restricted stock units were granted to the TrueBlue (TBI) CEO?
Taryn R. Owen was granted 408,372 restricted stock units. Each unit will be settled for one share of TrueBlue common stock in the future, vesting in three equal annual installments over a three-year period, according to the disclosure footnote.
What are the vesting terms of the TrueBlue (TBI) CEO’s new equity award?
The 408,372 restricted stock units granted to Taryn R. Owen vest over three years. Vesting occurs in equal installments each year, and each vested unit will be settled for one share of TrueBlue common stock on a one-for-one basis in the future.
Did the TrueBlue (TBI) CEO pay for the newly granted restricted stock units?
No, the 408,372 restricted stock units granted to Taryn R. Owen were awarded at a price of $0.00 per unit. These units represent future shares of common stock that will be delivered as the award vests over three years.