Form 4: TrueBlue Director Granted Restricted Stock Units

TrueBlue, Inc. Director William C. Goings was granted 29,607 restricted stock units, aligning his interests with shareholders.

Summary

• William C. Goings, a Director of TrueBlue, Inc. (TBI), acquired 29,607 restricted stock units (RSUs) on February 20, 2026.
• The RSUs were granted at a price of $0 and will be settled for shares of Common Stock on a one-for-one basis.
• The restricted stock units are scheduled to vest in full one year from the grant date, which is February 20, 2027.
• Delivery of the vested shares to Mr. Goings will be made ninety days after his separation from service on the Board of Directors.
• Following this transaction, Mr. Goings' direct beneficial ownership totals 85,000 shares, which includes 85,000 shares deferred pursuant to the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing routine compensation for a director and a standard mechanism for aligning interests.

Positives

• The grant of 29,607 restricted stock units to Director William C. Goings aligns his long-term interests with those of TrueBlue, Inc. shareholders.
• The RSUs vest over one year, providing an incentive for continued performance and retention of the director.

Future Outlook

The 29,607 restricted stock units are scheduled to vest in full one year from the grant date (February 20, 2026), with delivery of vested shares occurring ninety days after the director's separation from service on the Board of Directors.

Industry Context

StockSavvy.ai notes that equity grants, such as restricted stock units, are a common form of non-employee director compensation across various industries, designed to align director incentives with long-term shareholder value.

Comparison to Industry Standards

• Equity compensation for non-employee directors, often structured with vesting periods, is a standard practice in corporate governance.
• Companies like Microsoft and Apple also utilize RSU grants for their non-executive directors, typically with one-year vesting schedules or vesting upon the next annual meeting, similar to TrueBlue's approach for this grant.

Related Party Transactions

• The grant of 29,607 restricted stock units to William C. Goings, a Director of TrueBlue, Inc., constitutes a related party transaction as a form of equity compensation.

Stakeholder Impact

• This transaction primarily impacts shareholders by further aligning the interests of a director with the long-term performance and value creation of the company.

Next Steps

• Vesting of 29,607 restricted stock units on February 20, 2027.
• Delivery of vested shares to William C. Goings ninety days after his separation from service on the Board of Directors.

Key Dates

Keywords

TrueBlue, TBI, Form 4, insider transaction, restricted stock units, RSU, director compensation, equity grant, beneficial ownership