Insider purchase
Taryn R. Owen, CEO and President of TrueBlue, reported a purchase of 20,400 shares of common stock on February 24, 2026. The shares were acquired at an average transaction price of $3.79, representing a total cash outlay of $77,316. The trades were executed in multiple tranches at prices ranging from $3.60 to $3.84. After this transaction, Owen directly holds 791,807 TrueBlue shares.
Market context
TrueBlue's shares have been trading close to their 52-week low of $3.44 and are down 36% over the past year. InvestingPro's analysis cited a Fair Value estimate of $5.50 for the stock and placed TrueBlue among its list of most undervalued stocks. The platform noted the company was not profitable over the last twelve months, while analysts expect the company to return to profitability during the current year. Investors are offered a Pro Research Report and 14 additional ProTips for the ticker on InvestingPro.
Corporate and leadership developments
In related corporate news, TrueBlue named Mike Kruszewski as President of PeopleReady On-Demand. Kruszewski, who joined PeopleReady as Head of Sales in November 2025, will now be responsible for strategy, sales and operational performance for the On-Demand business.
The company has also been engaged in governance matters after receiving director nominations from EHS Management. In response, TrueBlue reiterated its strategic plan aimed at improving financial results and achieving sustainable growth. As part of those board changes, TrueBlue appointed William Greenblatt and William Seward to its board of directors. The company said two current directors are expected to step down by the 2026 Annual Meeting of Shareholders.
Additionally, TrueBlue announced the departure of Kristy Willis, Executive Vice President of PeopleReady. The company stated that Willis's exit was not the result of any disagreements regarding company operations, policies or practices.
What this means for stakeholders
The insider purchase increases the CEO's direct stake and comes alongside operational and governance adjustments across the company. Shareholders can weigh the insider buying and board and leadership moves against the company's recent lack of profitability and its current share-price performance.