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    Barrett Business Services Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

    6/3/26 4:04:05 PM ET
    $BBSI
    Professional Services
    Consumer Discretionary
    Get the next $BBSI alert in real time by email
    8-K
    false000090279100009027912026-06-012026-06-01

     

     

    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 01, 2026

     

     

    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

     

    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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    (e) On June 1, 2026, at the annual meeting of stockholders of Barrett Business Services, Inc. (the “Company”), the Company’s stockholders approved the Second Amended and Restated 2020 Stock Incentive Plan (the “Restated 2020 Stock Plan”), which had been adopted by the Company’s Board of Directors on April 3, 2026. The primary reason for the proposal was to increase the maximum number of shares of the Company’s Common Stock available for awards under the plan from 2,900,000 to 4,100,000. The foregoing share increase was the only substantive change made in the Restated 2020 Stock Plan.

    The Restated 2020 Stock Plan authorizes awards of stock-based compensation to directors, officers, other key employees, and outside consultants. The material terms of the Restated 2020 Stock Plan are described in the Company’s definitive Proxy Statement, dated April 20, 2026, under the heading “Proposal 2: Approval of the Barrett Business Services, Inc. Second Amended and Restated 2020 Stock Incentive Plan,” which is incorporated herein by reference. The descriptions of the Restated 2020 Stock Plan contained herein and in the definitive Proxy Statement do not purport to be complete and are qualified in their entirety by reference to the Restated 2020 Stock Plan, a copy of which is filed as Exhibit 10.1 hereto and is incorporated by reference herein.

    Item 5.07. Submission of Matters to a Vote of Security Holders.

    The Company held its annual meeting of stockholders on June 1, 2026 (the “Annual Meeting”).

    The matters considered and voted on by the Company’s stockholders at the Annual Meeting and the voting results were as follows:

    Proposal 1. Nine directors were elected, each for a one-year term to serve until the 2027 annual meeting of stockholders, by the votes indicated.

     

    Nominee

     

    Shares Voted For

     

    Shares Voted Against

     

    Abstentions

     

    Broker Non-Votes

    Thomas J. Carley

     

    19,789,681

     

    877,393

     

    17,948

     

    1,161,703

    Joseph S. Clabby

     

    20,302,848

     

    369,726

     

    12,448

     

    1,161,703

    Thomas B. Cusick

     

    20,542,642

     

    132,471

     

    9,909

     

    1,161,703

    Mark S. Finn

     

    20,582,359

     

    92,754

     

    9,909

     

    1,161,703

    Gary E. Kramer

     

    20,611,538

     

    63,575

     

    9,909

     

    1,161,703

    Anthony Meeker

     

    20,179,300

     

    487,774

     

    17,948

     

    1,161,703

    Carla A. Moradi

     

    20,617,856

     

    58,316

     

    8,850

     

    1,161,703

    Alexandra Morehouse

     

    20,323,439

     

    351,170

     

    10,413

     

    1,161,703

    Vincent P. Price

     

    20,547,078

     

    130,698

     

    7,246

     

    1,161,703

    Proposal 2. Approval of the Barrett Business Services, Inc. Second Amended and Restated 2020 Stock Incentive Plan.

     

    Shares Voted For

     

    Shares Voted Against

     

    Abstentions

     

    Broker Non-Votes

    17,514,267

     

    2,000,777

     

    1,169,978

     

    1,161,703

    As a result, the Company’s stockholders approved the Second Amended and Restated 2020 Stock Incentive Plan.

     


     

    Proposal 3. Approval, by non-binding, advisory vote, of the compensation paid to the Company’s named executive officers.

     

    Shares Voted For

     

    Shares Voted Against

     

    Abstentions

     

    Broker Non-Votes

    20,358,214

     

    276,214

     

    50,594

     

    1,161,703

    The Company’s stockholders approved, in a non-binding, advisory vote, the compensation paid to the Company’s named executive officers for the fiscal year ended December 31, 2025.

    Proposal 4. Ratification of the selection of Deloitte and Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

     

    Shares Voted For

     

    Shares Voted Against

     

    Abstentions

    21,684,853

     

    147,153

     

    14,719

    The Company’s stockholders ratified the selection of Deloitte and Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

    Item 9.01. Financial Statements and Exhibits.

    (d) Exhibits. The following exhibits are filed with this Form 8-K:

    Exhibit No.

     

    Description

    10.1

     

    Barrett Business Services, Inc. Second Amended and Restated 2020 Stock Incentive Plan

    104

     

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

     

     


     

    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 3, 2026

     

    By:

     /s/ Anthony J. Harris

     

     

     

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

     

     


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