TreeHouse Foods (NYSE: THS) SVP RSUs and PSUs cashed out in merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TreeHouse Foods SVP and Chief Operations Officer Stephen Alan Landry reported equity changes tied to the company’s merger with Industrial F&B Investments. On February 11, 2026, 19,593 restricted stock units converted into an equal number of common shares, which were then canceled in exchange for the merger consideration of $22.50 in cash per share plus one contingent value right. In addition, performance share units vested at 130% of target, creating 21,664 common shares that were also canceled for the same merger consideration, leaving no shares directly owned after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,593 shares exercised/converted
Mixed
5 txns
Insider
Landry Stephen Alan
Role
SVP, Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 19,593 | $0.00 | -- |
| Exercise | Common Stock | 19,593 | $0.00 | -- |
| Disposition | Common Stock | 19,593 | $0.00 | -- |
| Grant/Award | Common Stock | 21,664 | $0.00 | -- |
| Disposition | Common Stock | 21,664 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 19,593 shares (Direct)
Footnotes (1)
- Reflects vested restricted stock units ("RSUs") further described in footnote three below. Pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated as of November 10, 2025, by and among TreeHouse Foods, Inc. ("TreeHouse"), Industrial F&B Investments II, Inc. ("Parent"), and Industrial F&B Investments III, Inc. ("Merger Sub"), Merger Sub merged with and into TreeHouse, with TreeHouse surviving the merger as a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of TreeHouse's common stock, par value $0.01 per share, that was issued and outstanding immediately prior to the Effective Time was automatically canceled and converted into the right to receive (i) $22.50 in cash, less applicable taxes and withholding and (ii) one contractual contingent value right, which represents the right to receive a portion of the net proceeds, if any, resulting from certain litigation relating to part of TreeHouse's coffee business (clauses (i) and (ii) collectively, the "Merger Consideration"). Each RSU represents a contingent right to receive one share of common stock of TreeHouse. Pursuant to the Merger Agreement, each RSU that was outstanding as of immediately prior to the Effective Time became fully vested and was automatically canceled and converted into the right to receive the Merger Consideration, less applicable taxes and withholding. Pursuant to the Merger Agreement, each performance share unit ("PSU") with respect to TreeHouse common stock subject to performance-based vesting conditions that was outstanding as of immediately prior to the Effective Time became vested in the number of shares of TreeHouse common stock assuming that 130% of target level of performance had been achieved, and each such PSU was automatically canceled and converted into the right to receive the Merger Consideration, less applicable taxes and withholding, and any unvested portion was automatically canceled for no consideration.
FAQ
What insider transactions did TreeHouse Foods (THS) report for Stephen Alan Landry?
Stephen Alan Landry reported RSU and PSU conversions and cancellations tied to the merger. 19,593 RSUs and 21,664 PSUs became common shares and were then canceled in exchange for cash and contingent value rights under the merger terms.
How were Stephen Alan Landry’s RSUs treated in the TreeHouse Foods (THS) merger?
Landry’s 19,593 restricted stock units fully vested and converted into common shares at the merger’s effective time. Those shares were automatically canceled and exchanged for $22.50 in cash per share plus one contractual contingent value right for each former share.