Lempres Elizabeth Cahill 4
Research Summary
AI-generated summary
Traeger (COOK) Director Elizabeth Lempres Receives RSU Award
What Happened
- Elizabeth Cahill Lempres, a director of Traeger, Inc. (COOK), was granted 1,893 Restricted Stock Units (RSUs) on June 9, 2026. The Form 4 reports the acquisition price as $0 (award/compensation grant). 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 (appears timely).
- Grant: 1,893 RSUs; reported acquisition price: $0 (award).
- Vesting: RSUs vest in full on the earlier of (i) the one‑year anniversary of grant or (ii) the issuer’s 2027 annual meeting of stockholders, subject to continued service.
- Deferral: Ms. Lempres elected to defer receipt of the underlying shares under Traeger’s Deferred Compensation Plan until a date within 45 days after separation from service, a change in control, death, or disability.
- Shares owned after transaction: not disclosed in the provided filing.
- No 10b5-1 plan, tax‑withholding sale, or sale/purchase noted — this is a compensation award, not an open‑market trade.
Context
- RSU grants are compensation and do not represent an immediate cash purchase or sale; the economic value depends on Traeger’s share price when/if the RSUs settle. Deferral means she may not receive shares at vesting but instead at a later triggering event. This award is a routine director compensation action and should not be read as a direct buy/sell signal.