Form 4: TrueBlue Inc. Executive Richard P. Betori Reports Stock Disposal
SEC Form 4 Filing
Richard P. Betori, an executive at TrueBlue, Inc., reported disposing of 813 shares of common stock on July 1, 2024, to cover tax obligations.
Summary
- On July 1, 2024, Richard P. Betori, EVP and President of PeopleScout at TrueBlue, Inc., disposed of 813 shares of TrueBlue common stock.
- The transaction was executed at a price of $10.41 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Betori directly owns 68,881 shares of TrueBlue common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal, which is neutral in sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Richard P. Betori, transact in 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 shareholders as it involves a small number of shares compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of stock disposal transaction |
| 07/02/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.