Traeger CFO granted 25,848 RSUs
Hord Michael Joseph reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hord Michael Joseph reported acquisition or exercise transactions in this Form 4 filing.
Traeger, Inc. reported that Chief Financial Officer Michael Joseph Hord received a grant of 25,848 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 vesting date, or equity if the board so decides. The RSUs will vest in three equal installments, with one-third of the total vesting on each of the first three anniversaries of April 3, 2026, subject to his continued service with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,848 | $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
fair market value financial
vest financial
continued service financial
settled in equity financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Traeger (COOK) disclose in this Form 4 filing?
How many RSUs were granted to Traeger CFO Michael Joseph Hord?
How do the newly granted Traeger (COOK) RSUs vest for the CFO?
Did Traeger’s CFO buy or sell common stock in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.