Traeger (NYSE: COOK) Chief Sales Officer reports 1.36M-share equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Traeger, Inc.'s Chief Sales Officer Cole VandenAkker filed an initial ownership report showing holdings of 1,363,243 shares of the company’s common stock. This is a Form 3 filing, which records existing ownership rather than a new trade.
The position includes 476,890 restricted stock units (RSUs), each representing the right to receive one share of common stock as they vest under the terms of the underlying awards. The filing does not reflect any recent purchases or sales, but instead establishes the executive’s equity stake, combining time-based RSUs and other directly held common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VandenAkker Cole
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,363,243 shares (Direct)
Footnotes (1)
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FAQ
What does Cole VandenAkker report owning in Traeger (COOK) on this Form 3?
Cole VandenAkker reports beneficial ownership of 1,363,243 shares of Traeger common stock. This total includes both directly held shares and 476,890 restricted stock units (RSUs), each convertible into one share upon vesting according to award terms.
How many restricted stock units does the Traeger (COOK) Chief Sales Officer hold?
The Chief Sales Officer holds 476,890 restricted stock units (RSUs). Each RSU gives a contingent right to receive one share of Traeger common stock, subject to the RSUs vesting in line with the conditions set in the underlying award agreements over time.
Does this Traeger (COOK) Form 3 show any recent stock purchases or sales?
No, this Form 3 does not show any recent purchases or sales. It is an initial ownership statement that simply discloses Cole VandenAkker’s existing holdings in Traeger common stock, including RSUs, as he became a reportable officer.
What role does Cole VandenAkker hold at Traeger (COOK) in this filing?
Cole VandenAkker is identified as Chief Sales Officer of Traeger, Inc. The Form 3 reflects his status as a company officer, which requires public reporting of his beneficial ownership of Traeger common stock and related equity awards.
How do the RSUs in this Traeger (COOK) Form 3 convert into common stock?
Each RSU represents a contingent right to receive one share of Traeger common stock. The RSUs will convert into shares only as they vest, in accordance with the specific vesting schedules and conditions set out in the underlying award agreements.