Form 4: TrueBlue Director Savacool Receives Stock Grant, Adjusts Holdings

Kristi A. Savacool, a director at TrueBlue, Inc., received a grant of restricted stock units and adjusted her holdings of common stock as of February 23, 2024.

Summary

• On February 23, 2024, Kristi A. Savacool, a director at TrueBlue, Inc., received 10,050 restricted stock units.
• These restricted stock units will vest on September 30, 2024, 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 Savacool's separation from service on the Board of Directors.
• Following the transaction, Savacool beneficially owns 43,859 shares of TrueBlue common stock, including 37,263 shares deferred pursuant to the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard stock grant to a director, which is a common practice. It doesn't indicate any significant positive or negative implications for the company.

Positives

• The grant of restricted stock units aligns the director's interests with the company's performance.

Future Outlook

Delivery of vested shares will be made 90 days after Savacool's separation from service on the Board of Directors.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The stock grant aligns the director's interests with shareholders.

Key Dates