Traeger (COOK) Chief Sales Officer reports 602-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Traeger, Inc. Chief Sales Officer Cole VandenAkker reported a routine share withholding related to equity compensation. On the vesting of Restricted Stock Units, 602 shares of common stock were withheld by the company to cover his tax withholding obligation at $30.68 per share. Following this tax-related disposition, he directly holds 26,663 shares of Traeger common stock.
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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 602 | $30.68 | $18K |
Holdings After Transaction:
Common Stock — 26,663 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 602 shares
Withholding price per share: $30.68 per share
Shares held after transaction: 26,663 shares
+1 more
4 metrics
Shares withheld for taxes
602 shares
Tax-withholding disposition on RSU vesting
Withholding price per share
$30.68 per share
Value used for 602 withheld shares
Shares held after transaction
26,663 shares
Direct common stock ownership after withholding
Tax-withholding transactions
1 transaction, 602 shares
Summarized in transactionSummary as tax withholding
Key Terms
Restricted Stock Units, tax withholding obligation, Common Stock, tax-withholding disposition
4 terms
Restricted Stock Units financial
"upon the vesting of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"to cover the reporting person's tax withholding obligation"
Common Stock financial
"Represents the number of shares of common stock withheld"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Traeger (COOK) report for Cole VandenAkker?
Traeger reported that Chief Sales Officer Cole VandenAkker had 602 shares of common stock withheld to cover taxes upon the vesting of Restricted Stock Units. This was a tax-withholding disposition, not an open-market purchase or sale of shares.
Was the Traeger (COOK) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 602 shares of Traeger common stock were withheld by the company to cover Cole VandenAkker’s tax withholding obligation upon vesting of Restricted Stock Units, a routine administrative disposition.