Form 4: TrueBlue Inc. Executive Jason Embick Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Jason Embick, SVP and Chief Accounting Officer of TrueBlue, Inc., reported the acquisition of restricted stock units convertible to 11,493 shares of common stock on September 3, 2024.
Summary
- On September 3, 2024, Jason Embick, the SVP and Chief Accounting Officer of TrueBlue, Inc., acquired 11,493 restricted stock units.
- These restricted stock units will be settled for shares of TrueBlue's common stock on a one-for-one basis.
- The restricted stock units vest over a four-year period in equal installments.
- Following the transaction, Embick directly owns 20,840 shares of TrueBlue common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, with neutral sentiment.
Future Outlook
The restricted stock units will vest over a 4-year period in equal installments, indicating a long-term incentive plan for the executive.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides insight into executive compensation and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Jason Embick acquired restricted stock units. |
| 09/05/2024 | Date of signature on the Form 4 filing. |
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