Traeger CEO granted 129,240 RSUs
ANDRUS JEREMY reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
ANDRUS JEREMY reported acquisition or exercise transactions in this Form 4 filing.
Traeger, Inc.’s Chief Executive Officer Jeremy Andrus received a grant of 129,240 restricted stock units (RSUs). Each RSU represents a contingent right to receive cash equal to the fair market value of one share of Traeger common stock on the applicable vesting date, and may alternatively be settled in shares if the board so decides.
The RSUs vest in three equal installments, with one-third of the total RSUs vesting on each of the first three anniversaries of April 3, 2026, as long as Andrus continues to serve the company. Following this award, his reported RSU holdings from this grant total 129,240 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 129,240 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Common Stock on the applicable vesting date. The RSUs may also settled in equity upon a decision by the Issuer's Board of Directors.
- F2. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of April 3, 2026, subject to the Reporting Person's continued service with the Issuer.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
fair market value financial
vest financial
continued service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Traeger (COOK) report for CEO Jeremy Andrus?
How many RSUs did Traeger (COOK) grant to its CEO and what do they represent?
What is the vesting schedule for the new CEO RSUs at Traeger (COOK)?
Does the recent Traeger (COOK) Form 4 show any stock sales by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.