Boston Partners reports 8.13% stake in TrueBlue

Boston Partners reports beneficial ownership of TrueBlue, Inc. common stock.

Rhea-AI Filing Summary

Boston Partners reports beneficial ownership of TrueBlue, Inc. common stock. As of 06/30/2026, Boston Partners is deemed to beneficially own 2,470,948 shares of TrueBlue, Inc. common stock, representing 8.13% of the class.

Boston Partners, a Delaware entity, has sole voting power and sole dispositive power over all 2,470,948 shares, with no shared voting or dispositive power. The shares are held in discretionary accounts for certain clients, and Boston Partners may be deemed a beneficial owner under Rule 13d-3. To its knowledge, no single client has rights to dividends or sale proceeds representing more than 10% of the outstanding common stock referenced.

Key Figures

Beneficially owned shares: 2,470,948 shares Percent of class: 8.13% Sole voting power: 2,470,948 shares +2 more

5 metrics

Beneficially owned shares 2,470,948 shares TrueBlue, Inc. common stock beneficially owned by Boston Partners as of 06/30/2026

Percent of class 8.13% Portion of TrueBlue, Inc. common stock class attributed to Boston Partners

Sole voting power 2,470,948 shares Shares over which Boston Partners has sole power to vote or direct the vote

Sole dispositive power 2,470,948 shares Shares over which Boston Partners has sole power to dispose or direct disposition

Reporting date 06/30/2026 Date as of which the 2,470,948 TrueBlue shares were held

Key Terms

beneficial owner, discretionary account, sole voting power, sole dispositive power, +1 more

5 terms

beneficial owner regulatory

"By reason of rule 13d-3 under the act Boston Partners may be deemed to be a beneficial owner"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

discretionary account financial

"held by Boston Partners on 06/30/2026 for the discretionary account of certain clients"

An account in which the account holder gives a broker or advisor authority to buy and sell securities on their behalf without asking for permission for each trade. Like handing someone the keys to your car to run errands, it lets a professional act quickly and make ongoing decisions for you; this matters to investors because it changes who controls trade timing, affects fees and tax reporting, and shifts responsibility for execution and record-keeping.

sole voting power financial

"Sole Voting Power 2,470,948.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole Dispositive Power 2,470,948.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

percent of class financial

"Percent of class: 8.13 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of TrueBlue (TBI) does Boston Partners report owning?

Boston Partners reports beneficial ownership of 8.13% of TrueBlue, Inc. common stock. This percentage is based on 2,470,948 shares held as of June 30, 2026, for discretionary client accounts.

How many TrueBlue (TBI) shares does Boston Partners beneficially own?

Boston Partners is deemed to beneficially own 2,470,948 shares of TrueBlue, Inc. common stock. These shares are held in discretionary accounts for certain clients as of 06/30/2026 with sole voting and dispositive power.

Does Boston Partners have sole or shared voting power over its TrueBlue (TBI) shares?

Boston Partners has sole voting power over all 2,470,948 TrueBlue shares and no shared voting power. It also has sole dispositive power over the same number of shares, with no shared dispositive power reported.

In what capacity does Boston Partners hold its TrueBlue (TBI) shares?

Boston Partners holds 2,470,948 TrueBlue shares for the discretionary accounts of certain clients. Under Rule 13d-3, it may be deemed the beneficial owner, even though underlying clients are the economic owners.

Does any single client of Boston Partners hold more than 10% of TrueBlue (TBI)?

According to Boston Partners, no person is known to have rights to dividends or sale proceeds from the reported TrueBlue shares that represent more than 10% of the outstanding common stock referenced.

Where is Boston Partners, the filer for TrueBlue (TBI), organized and located?

Boston Partners is a Delaware entity with its principal business office at One Beacon Street, 30th Floor, Boston, Massachusetts 02108. It files as beneficial owner of TrueBlue, Inc. common stock under Rule 13d-3.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/04/2026 - 12:00 PM Accepted by SEC EDGAR 08/04/2026 - 12:00 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

TrueBlue, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

89785X101

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 89785X101

1

Names of Reporting Persons

Boston Partners

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,470,948.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,470,948.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,470,948.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.13 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TrueBlue, Inc.
(b)	Address of issuer's principal executive offices: 1015 A STREET, TACOMA, WASHINGTON 98402
Item 2.
(a)	Name of person filing: Boston Partners
(b)	Address or principal business office or, if none, residence: ONE BEACON STREET 30TH FLOOR BOSTON, Massachusetts 02108
(c)	Citizenship: Boston Partners - DELAWARE
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 89785X101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,470,948
(b)	Percent of class: 8.13 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Boston Partners - 2,470,948
	(ii) Shared power to vote or to direct the vote: Boston Partners - 0
	(iii) Sole power to dispose or to direct the disposition of: Boston Partners - 2,470,948
	(iv) Shared power to dispose or to direct the disposition of: Boston Partners - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. This Schedule is being filed with respect to 2,470,948 shares of Trueblue, Inc. (the Common Stock) held by Boston Partners on 06/30/2026 for the discretionary account of certain clients. By reason of rule 13d-3 under the act Boston Partners may be deemed to be a beneficial owner of such Common Stock. To the knowledge of Boston Partners no person has the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of such Common Stock which represents more than 10% of the outstanding shares of the Common Stock referred to in item 4(b) hereof.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Boston Partners

Signature:	/s/Ali Farooqi
Name/Title:	Ali Farooqi / Senior Compliance Manager
Date:	08/04/2026