Form: 8-K

Current report

June 4, 2025

Documents

0000902791false00009027912025-06-022025-06-02

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 02, 2025

 

 

BARRETT BUSINESS SERVICES, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Maryland

0-21886

52-0812977

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

8100 NE Parkway Drive

Suite 200

 

Vancouver, Washington

 

98662

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (360) 828-0700

 

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.01 per share

 

BBSI

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 7.01. Regulation FD Disclosure.

On June 4, 2025, Barrett Business Services, Inc. (the "Company"), issued a press release announcing that Joseph S. Clabby has been appointed Chairman of the Company's Board of Directors (the "Board"), effective June 2, 2025. He succeeds Anthony Meeker, who will continue to serve as a member of the Board. Mr. Clabby has served as a member of the Board since September 2022 and as Vice Chairman of the Board since December 2024. The Vice Chairman role will not be filled at this time.

Mr. Clabby and Mr. Meeker will be compensated for their services consistent with the Company's standard practices for non-employee directors according to the respective roles that the directors serve on the Board, as described in the Summary of Compensation Arrangements for Non-employee Directors as of January 1, 2025, filed as Exhibit 10.11 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Such compensation arrangements are subject to change by the Board.

The press release is furnished as Exhibit 99.1 to this Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

News Release dated June 4, 2025*

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

* Furnished herewith

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

BARRETT BUSINESS SERVICES, INC.
Registrant


Dated: June 4, 2025

 

By:

 /s/ Anthony J. Harris

 

 

 

Anthony J. Harris
Executive Vice President and Chief Financial Officer and Treasurer