Form 4: TrueBlue Director Goings Receives Stock Grant and Reports Beneficial Ownership

Director William C. Goings reports acquisition of restricted stock units and updates to beneficial ownership of TrueBlue, Inc. shares.

Summary

• On February 21, 2025, TrueBlue, Inc. Director William C. Goings acquired 18,428 restricted stock units.
• These units will vest in full one year from the grant date and will be settled for shares of Common Stock on a one-for-one basis.
• Delivery of the vested shares will occur 90 days after Goings' separation from service on the Board of Directors.
• Following the transaction, Goings beneficially owns 55,393 shares, which includes shares deferred pursuant to the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating confidence in the company's future. The sentiment is neutral to positive.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service on the Board of Directors.

Future Outlook

The restricted stock units will vest one year from the grant date, contingent on continued service.

Industry Context

Stock grants to directors are a common practice to align their interests with shareholders and incentivize long-term value creation.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders.
• The vesting schedule incentivizes the director to contribute to the company's long-term success.

Next Steps

• The restricted stock units will vest one year from the grant date.
• Delivery of vested shares will occur 90 days after Goings' separation from service.

Key Dates