STOCK TITAN

Traeger (NYSE: COOK) CFO receives 25,848 RSU compensation grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hord Michael Joseph reported acquisition or exercise transactions in this Form 4 filing.

Traeger, Inc. reported that Chief Financial Officer Michael Joseph Hord received a grant of 25,848 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive cash equal to the fair market value of one share of Traeger common stock on the vesting date, or equity if the board so decides. The RSUs will vest in three equal installments, with one-third of the total vesting on each of the first three anniversaries of April 3, 2026, subject to his continued service with the company.

Positive

  • None.

Negative

  • None.
Insider Hord Michael Joseph
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 25,848 $0.00 --
Holdings After Transaction: Restricted Stock Units — 25,848 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Common Stock on the applicable vesting date. The RSUs may also settled in equity upon a decision by the Issuer's Board of Directors. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of April 3, 2026, subject to the Reporting Person's continued service with the Issuer.
RSUs granted 25,848 units Restricted Stock Units awarded to CFO Michael Joseph Hord
RSUs after transaction 25,848 units Total RSUs held following the reported grant
Vesting schedule One-third on each of first three anniversaries Based on April 3, 2026 reference date, subject to continued service
Settlement reference value Fair market value of one share Cash amount per RSU on applicable vesting date
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right..."
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.
fair market value financial
"receive an amount in cash equal to the fair market value of one share..."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
vest financial
"The RSUs shall vest as to one-third of the total RSUs..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continued service financial
"subject to the Reporting Person's continued service with the Issuer."
settled in equity financial
"The RSUs may also settled in equity upon a decision by the Issuer's Board..."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hord Michael Joseph

(Last)(First)(Middle)
533 SOUTH 400 WEST

(Street)
SALT LAKE CITY UTAH 84101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Traeger, Inc. [ COOK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/20/2026A25,848 (2) (2)Common Stock25,848$025,848D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive an amount in cash equal to the fair market value of one share of the Issuer's Common Stock on the applicable vesting date. The RSUs may also settled in equity upon a decision by the Issuer's Board of Directors.
2. The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of April 3, 2026, subject to the Reporting Person's continued service with the Issuer.
Remarks:
/s/ Courtland Astill, Attorney-in-fact04/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Traeger (COOK) disclose in this Form 4 filing?

Traeger disclosed a compensation grant to its Chief Financial Officer. Michael Joseph Hord received 25,848 Restricted Stock Units, which are equity-linked awards that vest over time. This filing records the award details and resulting holdings, rather than any open-market stock purchase or sale.

How many RSUs were granted to Traeger CFO Michael Joseph Hord?

The CFO was granted 25,848 RSUs. These units give him a contingent right to receive cash equal to the fair market value of one Traeger common share at vesting, or shares if the board elects equity settlement, aligning part of his compensation with company performance.

How do the newly granted Traeger (COOK) RSUs vest for the CFO?

The RSUs vest in three equal annual installments. One-third of the 25,848 units will vest on each of the first three anniversaries of April 3, 2026. Vesting is conditioned on Michael Joseph Hord’s continued service with Traeger through each applicable vesting date.

Are the Traeger RSUs cash-settled or share-settled for the CFO grant?

Each RSU is initially a cash-settled right equal to the fair market value of one Traeger common share on vesting. However, the RSUs may instead be settled in equity if Traeger’s Board of Directors decides to deliver shares rather than cash at settlement.

Did Traeger’s CFO buy or sell common stock in this Form 4?

No open-market buy or sell occurred. The Form 4 reports a grant of 25,848 Restricted Stock Units as compensation, coded as an “A” transaction for award or other acquisition. It does not reflect the CFO purchasing or selling Traeger common shares in the market.