Form 4: TrueBlue CEO Taryn Owen Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
TrueBlue, Inc. CEO Taryn R. Owen disposed of 2,472 shares of common stock on October 2, 2024, to cover tax obligations.
Summary
- On October 2, 2024, Taryn R. Owen, CEO and President of TrueBlue, Inc., disposed of 2,472 shares of TrueBlue's common stock.
- The transaction was executed at a price of $7.51 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Owen directly owns 244,740 shares of TrueBlue common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. The disposal of shares is likely for tax purposes and doesn't necessarily reflect a change in the CEO's confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of the transaction where Taryn R. Owen disposed of shares. |
| 10/04/2024 | Date of signature on the Form 4 filing. |
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