Form 4: TrueBlue Director Savacool Receives Stock Grant, Reports Beneficial Ownership Changes

Kristi A. Savacool, a director at TrueBlue, Inc., reported the acquisition of restricted stock units and changes in her beneficial ownership of company stock.

Summary

• On February 21, 2025, Kristi A. Savacool, a director of TrueBlue, Inc., received a grant of 18,111 restricted stock units (RSUs).
• These RSUs 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 her separation from service on the Board of Directors.
• Following the transaction, Savacool beneficially owns 61,970 shares of TrueBlue common stock, including 55,374 shares deferred pursuant to the Equity Retainer and Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard compensation practice that aligns director and shareholder interests.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service on the Board of Directors.

Future Outlook

The director's future stock ownership will depend on the vesting of the RSUs and her continued service on the board.

Industry Context

This is a standard practice for compensating board members and aligning their interests with shareholders.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with those of the shareholders, potentially leading to better decision-making for the company.

Key Dates