Form 4: TrueBlue Executive Garrett Ferencz Reports Stock Disposal
SEC Form 4 Filing
Garrett Ferencz, EVP and Chief Legal Officer of TrueBlue, Inc., reported disposing of 1,527 shares of common stock to cover tax obligations.
Summary
- On February 3, 2025, Garrett Ferencz, EVP and Chief Legal Officer of TrueBlue, Inc., disposed of 1,527 shares of common stock.
- The transaction was executed at a price of $7.83 per share.
- The disposal was related to tax obligations.
- Following the transaction, Ferencz directly owns 90,549 shares of TrueBlue, Inc.
- This total includes approximately 5,187 shares purchased pursuant to the TrueBlue, Inc. Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a routine stock transaction by an executive to cover tax obligations. It doesn't indicate any positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. These filings provide transparency into the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of stock disposal transaction |
| 02/05/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, TrueBlue Inc, Garrett Ferencz, Stock Disposal, Beneficial Ownership, Executive Compensation, TBI
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