TrueBlue (NYSE: TBI) director awarded 35,733 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TrueBlue, Inc. director Jeffrey B. Sakaguchi reported an equity award on Common Stock. He acquired 35,733 restricted stock units at a stated price of $0.00 per share, increasing his directly held stake to 124,443 shares after the transaction. The restricted stock units will be settled one-for-one in Common Stock and vest in full one year from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SAKAGUCHI JEFFREY B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,733 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 124,443 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TrueBlue (TBI) disclose in this Form 4?
TrueBlue disclosed that director Jeffrey B. Sakaguchi acquired 35,733 restricted stock units of Common Stock as an equity award, which will convert into shares on a one-for-one basis after vesting in the future.
When do Jeffrey B. Sakaguchi’s TrueBlue (TBI) restricted stock units vest?
The restricted stock units vest in full one year from the grant date. After vesting, they will be settled for shares of TrueBlue Common Stock on a one-for-one basis, according to the Form 4 footnote disclosure.
Is the TrueBlue (TBI) Form 4 transaction a buy or a grant?
The transaction is a grant, not an open-market buy. It is classified with code "A" as a grant, award, or other acquisition of 35,733 restricted stock units, representing stock-based compensation to director Jeffrey B. Sakaguchi.