Robert Kreidler, Director at TrueBlue (NYSE:TBI), reported a large insider buy on November 2, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Kreidler purchased 10,000 shares of TrueBlue. The total transaction amounted to $110,700.
TrueBlue shares are trading up 4.41% at $11.59 at the time of this writing on Thursday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner ...