Traeger (COOK) director reports 25,152 vested RSUs; ownership 692,040
Ralph Alvarez, a director of Traeger, Inc. (COOK), is reported to have acquired 25,152 fully‑vested restricted stock units on 08/01/2025 that were recorded at $0.
Rhea-AI Filing Summary
Ralph Alvarez, a director of Traeger, Inc. (COOK), is reported to have acquired 25,152 fully‑vested restricted stock units on 08/01/2025 that were recorded at $0. These units are scheduled to be settled in shares of the company’s common stock within 45 days following the earliest to occur of the director’s separation from service, a change in control, death, or disability.
After the reported transaction the filing lists total beneficial ownership of 692,040 shares. The filing also discloses indirect holdings of 333,333 shares via a Family Trust dated March 25, 2004 and 48,784 shares via a Family Trust dated December 16, 2012.
Positive
- 25,152 fully‑vested restricted stock units acquired recorded at $0, indicating an increase in vested equity holdings for the director
- Total beneficial ownership reported as 692,040 shares, providing clear post‑transaction position size
- Indirect holdings explicitly disclosed as 333,333 and 48,784 shares via Family Trusts, improving transparency
Negative
- None.
Insights
TL;DR: Director received 25,152 vested RSUs, raising reported beneficial ownership to 692,040 shares; appears to be a routine vesting event.
The Form 4 shows a non‑cash acquisition of 25,152 fully‑vested restricted stock units recorded at $0 with settlement contingent on specified events within 45 days. The filing also discloses indirect holdings through family trusts of 333,333 and 48,784 shares, contributing to a post‑transaction beneficial ownership of 692,040 shares. The document does not provide the company’s total outstanding shares, so this filing alone does not allow assessment of the transaction’s percentage ownership impact or material effect on valuation.
TL;DR: Vesting tied to separation or change‑of‑control is customary; disclosure is specific and clarifies indirect trust holdings.
The filing documents that the reported units are fully vested but subject to settlement triggers (separation from service, change in control, death, disability) to be settled within 45 days. That structure is a common governance practice for director compensation and change‑in‑control protections. The filing transparently itemizes indirect ownership via two Family Trusts with dates, which aids clarity on beneficial ownership. No governance violations or departures are indicated in the content provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,152 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Consists of fully-vested restricted stock units, which will be settled in shares of the Issuer's common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ralph Alvarez report on Form 4 for Traeger (COOK)?
Are any of Ralph Alvarez's Traeger (COOK) holdings indirect?
When and how will the reported RSUs for COOK be settled?
Was there a cash price for the transaction reported for COOK?
AI-generated analysis. How Rhea-AI works. Not financial advice.