Form 4: Barrett Business Services Executive VP Gerald Blotz Reports Stock Transactions
SEC Form 4 Filing
Executive VP & COO of Barrett Business Services, Gerald Blotz, reports acquisition of 3,755 shares and disposal of 1,539 shares of common stock on February 26, 2024.
Summary
- On February 26, 2024, Gerald Blotz, Executive VP & COO of Barrett Business Services Inc. (BBSI), acquired 3,755 shares of common stock due to performance shares vesting.
- On the same day, Blotz disposed of 1,539 shares to cover tax obligations at a price of $115.83 per share.
- Following these transactions, Blotz beneficially owns 44,705 shares of BBSI common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
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.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock acquisition and disposal |
| 02/28/2024 | Date of signature on the report |
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