Form 8-K

8-K — TrueBlue, Inc.

Accession: 0001999371-26-023546

Filed: 2026-10-26

Period: 2026-10-23

CIK: 0000768899

SIC: 7363 (SERVICES-HELP SUPPLY SERVICES)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Other Events

Item: Financial Statements and Exhibits

Documents

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): October 23, 2026

TrueBlue, Inc.

(Exact Name of Registrant as Specified

in Its Charter)

Washington

(State or Other Jurisdiction

of Incorporation)

001-14543

91-1287341

(Commission

File Number)

(IRS Employer

Identification No.)

1015 A Street, Tacoma, Washington 98402

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including

area code: (253) 383-9101

Not Applicable

(Former Name or Former Address, if Changed Since

Last Report)

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 (see

General Instruction A.2. below):

☐ 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, no par value

TBI

New York Stock Exchange

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.

On October 26, 2026, TrueBlue, Inc. (the “Company”) announced

the appointment and election of Elizabeth Castro Gulacsy to the Company’s board of directors (the “Board”), effective

October 26, 2026. In connection with Ms. Castro Gulacsy’s appointment, the Board increased the size of the Board to ten directors,

effective October 26, 2026.

Ms. Castro Gulacsy has served as a director of NNN REIT, Inc. (NYSE: NNN),

including on its Audit Committee since 2022 and on its Governance and Nominating Committee since 2026. She is the former Chief Financial

Officer and Treasurer of United Parks & Resorts Inc. (NYSE: PRKS) (formerly SeaWorld Entertainment, Inc. (NYSE: SEAS)), a publicly

traded global theme park and entertainment company. During her tenure from 2013 to 2023, she held finance roles of increasing responsibility,

including Chief Accounting Officer, before serving as Chief Financial Officer and Treasurer, a position she held until 2022, when she

transitioned to provide CFO consulting and advisory services to the company. During her tenure, she chaired the company’s Disclosure

Committee and Enterprise Risk Management Committee and played a key role in the company’s 2013 initial public offering. She also

led senior notes offerings, debt amendments, a debt refinancing, and multiple cost-saving initiatives.

Earlier, Ms. Castro Gulacsy spent more than a decade at Cross Country Healthcare,

Inc. (formerly Nasdaq: CCRN), a provider of healthcare recruiting, staffing and workforce management solutions, where she rose from Assistant

Controller to Chief Accounting Officer and Corporate Controller. She began her career at Ernst & Young LLP, where she most recently

served as an Audit Manager specializing in the healthcare industry and supported Cross Country Healthcare’s initial public offering

in 2001.

The Board has appointed Ms. Castro Gulacsy to serve on the Audit Committee

of the Board.

The appointment was made pursuant to the previously disclosed Cooperation

Agreement by and among the Company, Eric H. Su, EHS Management LLC, and EHS Azure Opportunity Fund LP, dated April 10, 2026. The foregoing

description of the Cooperation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text

of the Cooperation Agreement, which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Securities

and Exchange Commission (the “SEC”) on April 13, 2026, and is incorporated herein by reference.

Other than as described in this Item 5.02, there are no arrangements or

understandings between Ms. Castro Gulacsy and any other person pursuant to which Ms. Castro Gulacsy was selected as a director. There

are no transactions since the beginning of the Company’s last fiscal year, or any currently proposed transactions, in which the

Company was or is to be a participant and in which Ms. Castro Gulacsy or any member of her immediate family has a direct or indirect material

interest that would be required to be disclosed under Item 404(a) of Regulation S-K.

Ms. Castro Gulacsy will be entitled to receive the same compensation for

service as a director as is provided to other non-employee directors of the Company, and will be able to participate in the Company’s

Equity Retainer and Deferred Compensation Plan for Non-Employee Directors, in each case as described in more detail in the Company’s

2026 Proxy Statement filed with the SEC on April 14, 2026, under the heading “Compensation of Directors.”

On October 26, 2026, the Company issued a press release announcing the

appointment of Ms. Castro Gulacsy, a copy of which is furnished as Exhibit 99.1 to this Form 8-K.

Item 8.01. Other Events.

On October 26, 2026, the Company issued a press

release announcing the appointment of Ms. Castro Gulacsy. A copy of the press release is furnished herewith as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit

Number

Exhibit Description

Filed Herewith

99.1

Press Release dated October 26, 2026

104

Cover page interactive data file - The cover page from this Current Report on Form 8-K is formatted as Inline XBRL

SIGNATURE

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 hereunto duly authorized.

TRUEBLUE, INC.

(Registrant)

Date:

October 26, 2026

By:

/s/ Garrett Ferencz

Garrett Ferencz

Executive Vice President, Chief Legal Officer

EX-99.1 — PRESS RELEASE

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TrueBlue, Inc. 8-K

Exhibit 99.1

TrueBlue Appoints Elizabeth Castro Gulacsy to Board

of Directors

Former Chief Financial Officer of United Parks &

Resorts brings public company finance, cost discipline, and governance expertise paired with finance leadership experience in the staffing

industry

TACOMA, Wash., October 26, 2026 — TrueBlue, Inc. (NYSE: TBI)

(“TrueBlue” or the “Company”) today announced the appointment of Elizabeth Castro Gulacsy as an independent director

to the TrueBlue Board of Directors (the “Board”), effective October 26, 2026. Ms. Castro Gulacsy will serve on the Board’s

Audit Committee. Her appointment follows a search conducted with the assistance of an independent director search firm and continues the

Board’s ongoing refreshment.

Ms. Castro Gulacsy brings more than 25 years of experience in public company

finance, accounting, financial reporting, treasury, and capital markets. She is the former Chief Financial Officer and Treasurer of United

Parks & Resorts Inc. (NYSE: PRKS) (formerly SeaWorld Entertainment, Inc. (NYSE: SEAS)), a publicly traded global theme park and entertainment

company. During her tenure from 2013 to 2023, she held finance roles of increasing responsibility, including Chief Accounting Officer

and interim Chief Financial Officer, before serving as Chief Financial Officer and Treasurer, a position she held until 2022, when she

transitioned to provide CFO consulting and advisory services to the company. During her tenure, she chaired the company’s Disclosure

Committee and Enterprise Risk Management Committee and played a key role in the company’s 2013 initial public offering. She also

led senior notes offerings, debt amendments, a debt refinancing, and multiple cost-saving initiatives.

Earlier in her career, Ms. Castro Gulacsy spent more than a decade at Cross

Country Healthcare, Inc. (formerly Nasdaq: CCRN), then a publicly traded healthcare staffing company, where she rose to Chief Accounting

Officer and Corporate Controller. She began her career at Ernst & Young LLP, where she most recently served as an audit manager specializing

in the healthcare industry and supported Cross Country Healthcare’s initial public offering in 2001.

Ms. Castro Gulacsy currently serves on the board of directors of NNN REIT,

Inc. (NYSE: NNN), where she is a member of the Audit Committee and Governance and Nominating Committee. She is a Certified Public Accountant

and holds a Bachelor of Science in Accounting and a Master of Accounting from the University of Florida. She is a member of the National

Association of Corporate Directors and the Latino Corporate Directors Association.

“Elizabeth has led a public company finance operation through a period

that demanded cost discipline, careful capital allocation, and clear communication with investors — for a business operating with

a large, seasonal, hourly workforce,” said Chris Kreidler, Chair of the TrueBlue Board. “That experience, together with her

earlier experience in staffing, aligns with our focus on disciplined execution, operating leverage, and improved profitability. We’re

pleased to welcome her to the Board.”

Ms. Castro Gulacsy’s appointment reflects the Board’s ongoing

commitment to evolving its composition in line with TrueBlue’s strategic priorities. With her appointment, the Board consists of

10 directors, nine of whom are independent.

About TrueBlue

TrueBlue, Inc. (NYSE: TBI) is transforming the way organizations connect

with talent in an ever-changing world of work. As The People Company®, we put people first — connecting job seekers with meaningful

opportunities while delivering smart, scalable workforce solutions for enterprises across industries and worldwide. Powered by innovative

technology and decades of expertise, our brands — PeopleReady, PeopleScout, Staff Management | SMX, Centerline, SIMOS, and Healthcare

Staffing Professionals — offer flexible staffing, workforce management, and recruitment solutions that propel businesses and careers.

Discover how we’re shaping the future of work at trueblue.com.

Forward-looking statements

This document contains forward-looking statements relating to our plans

and expectations including, without limitation, statements regarding the future performance and operations of our business, expectations

regarding market expansion and stabilization in demand, and operational efficiencies, including from our digital investments, all of

which are subject to risks and uncertainties. Such statements are based on management’s expectations and assumptions as of the

date of this release and involve many risks and uncertainties that could cause actual results to differ materially from those expressed

or implied in our forward-looking statements including: (1) national and global economic conditions, which can be negatively impacted

by factors such as rising interest rates, inflation, changes in government policies, political instability, epidemics and global trade

uncertainty, (2) our ability to maintain profit margins, (3) our ability to attract and retain clients, (4) factors relating to any unsolicited

offer (“Offer”) to purchase the shares of the Company, actions taken by the Company or its shareholders in response to such

an Offer, and the effects of such an Offer, or the completion or failure to complete an Offer, on the Company’s business, or other

developments involving such an Offer; (5) actions of activist investors including costs and expenses incurred to address activism-related

matters and the distraction of management from business operations in responding to those actions, including any proposals or a proxy

contest for the election of directors at our annual meeting of shareholders. Other information regarding factors that could affect our

results is included in our Securities and Exchange Commission (“SEC”) filings, including the Company’s most recent

reports on Forms 10-K and 10-Q, copies of which may be obtained by visiting our website at www.trueblue.com

under the Investor Relations section or the SEC’s website at www.sec.gov. We assume no

obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except

as required by law. Any other references to future financial estimates are included for informational purposes only and subject to risk

factors discussed in our most recent filings with the SEC. Any comparisons made herein to other periods are based on a comparison to

the same period in the prior year unless otherwise stated.

Contacts

Investor Relations

InvestorRelations@trueblue.com

Media Relations

Collected Strategies

Dan Moore and Jack Kelleher

TBI-CS@collectedstrategies.com

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