Form 4: TrueBlue Inc. Executive Jason Embick Reports Stock Grant and Tax Withholding

Jason Embick, SVP and Chief Accounting Officer of TrueBlue, Inc., reports the acquisition of restricted stock units and the subsequent disposal of shares to cover tax obligations.

Summary

• On February 21, 2025, Jason Embick, SVP, Chief Accounting Officer of TrueBlue, Inc., acquired 14,234 shares of common stock through a grant of restricted stock units.
• These restricted stock units will vest over a 4-year period in equal installments and will be settled for shares of Common Stock on a one-for-one basis.
• On February 23, 2025, Mr. Embick disposed of 262 shares of common stock at a price of $6.34 to cover tax obligations related to the vesting of restricted stock units.
• Following these transactions, Mr. Embick beneficially owns 34,348 shares of TrueBlue, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The stock grant indicates confidence in the company's future, while the tax-related sale is a normal occurrence.

Positives

• The grant of restricted stock units to a key executive aligns their interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The restricted stock units will vest over a 4-year period in equal installments.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.

Stakeholder Impact

• The stock grant aligns executive interests with shareholders.
• The disclosure provides transparency to investors regarding executive compensation.

Key Dates