Form 4: Barrett Business Services CEO Gary Kramer Reports Stock Transactions
SEC Form 4 Filing
Gary Kramer, President & CEO of Barrett Business Services Inc., reports acquisition of 14,048 shares and disposal of 5,544 shares on February 26, 2024.
Summary
- On February 26, 2024, Gary Kramer, the President & CEO of Barrett Business Services Inc. (BBSI), acquired 14,048 shares of common stock.
- These shares were acquired at a price of $0.00.
- On the same day, Kramer disposed of 5,544 shares of common stock at a price of $115.83.
- The disposal was to cover tax obligations related to the vesting of performance shares.
- Following these transactions, Kramer directly owns 61,702 shares of BBSI common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. The vesting of performance shares is mildly positive, but the sale to cover taxes is a normal occurrence.
Positives
- The acquisition of shares due to performance shares vesting suggests that the company is meeting its performance goals.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their confidence in the company's prospects.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders, as insider activity is often monitored for signals about company performance.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock acquisition and disposal by Gary Kramer. |
| 02/28/2024 | Date of signature for the Form 4 filing. |
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