Richman Steven Philip 4
Research Summary
AI-generated summary
Traeger (COOK) Director Steven Richman Receives 1,893 RSU Award
What Happened
- Steven Philip Richman, a director of Traeger, Inc. (COOK), was granted 1,893 restricted stock units (RSUs) on 2026-06-09. The RSUs were reported as acquired at $0.00 on the Form 4 filed 2026-06-11. Each RSU represents a contingent right to receive one share of Traeger's common stock upon vesting.
Key Details
- Transaction date: 2026-06-09; filing date: 2026-06-11 (Form 4, Accession No. 0001628280-26-042625)
- Transaction type/code: Award/Grant (A)
- Amount: 1,893 RSUs; reported acquisition price: $0.00
- Vesting: RSUs vest in full on the earlier of (i) one-year anniversary of the grant and (ii) Traeger’s 2027 annual meeting, subject to continued service
- Deferral: Mr. Richman elected to defer receipt of shares on vesting under Traeger’s Deferred Compensation Plan until certain events (separation from service, change in control, death, or disability)
- Shares owned after transaction: Not specified in the provided filing
Context
- RSUs are contingent awards that convert to actual shares only upon vesting; this grant does not represent immediate share ownership or a sale. Deferral elections mean Mr. Richman may not receive actual shares (or realize value) until a later qualifying event. Such grants are routine executive/director compensation and are reported to disclose potential future insider holdings.