Traeger (COOK) Chief Sales Officer receives 35,541 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VandenAkker Cole reported acquisition or exercise transactions in this Form 4 filing.
Traeger, Inc. Chief Sales Officer Cole VandenAkker received a grant of 35,541 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 applicable vesting date and may be settled in equity at the board’s discretion.
The 35,541 RSUs vest in three equal installments, with one-third of the award vesting on each of the first three anniversaries of April 3, 2026, subject to VandenAkker’s continued service with the company. Following this grant, he holds 35,541 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VandenAkker Cole
Role
Chief Sales Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 35,541 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 35,541 shares (Direct, null)
Footnotes (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.
Key Figures
RSU grant size: 35,541 RSUs
Price per RSU: $0.0000 per unit
Underlying common shares: 35,541 shares
+2 more
5 metrics
RSU grant size
35,541 RSUs
Grant to Chief Sales Officer on April 20, 2026
Price per RSU
$0.0000 per unit
Grant reported with zero exercise or purchase price
Underlying common shares
35,541 shares
Each RSU linked to one share of common stock
Post-grant RSU holdings
35,541 RSUs
Total restricted stock units following the transaction
Vesting schedule
One-third annually over 3 years
On each of first three anniversaries of April 3, 2026
Key Terms
Restricted Stock Units, fair market value, vesting, continued service, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive an amount in cash equal to the fair market value of one share"
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 of the Issuer's Common Stock"
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.
vesting financial
"The RSUs shall vest as to one-third of the total RSUs on each of the first three anniversaries of April 3, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the 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 of Directors"
FAQ
What did Traeger (COOK) disclose in this Form 4 for Cole VandenAkker?
Traeger disclosed that Chief Sales Officer Cole VandenAkker received a grant of 35,541 restricted stock units. These RSUs are a form of equity-based compensation that convert into cash or potentially shares over time, aligning his interests with company performance.
How many restricted stock units did the Traeger (COOK) executive receive?
Cole VandenAkker received 35,541 restricted stock units. This entire amount was granted on April 20, 2026, and represents a new award that will vest over several years, subject to his continued service with Traeger, Inc. as specified in the award terms.
How do the Traeger (COOK) RSUs for Cole VandenAkker vest over time?
The 35,541 RSUs vest in three equal installments. One-third of the total RSUs will vest on each of the first three anniversaries of April 3, 2026, and vesting is conditioned on Cole VandenAkker’s continued service with Traeger, Inc. through each vesting date.
Are the Traeger (COOK) RSUs settled in cash or stock for this grant?
Each RSU entitles Cole VandenAkker to receive cash equal to the fair market value of one Traeger share on vesting. However, the RSUs may also be settled in equity if Traeger’s board of directors decides to deliver common stock instead of cash at settlement.
What is Cole VandenAkker’s Traeger (COOK) position after this RSU grant?
Following this transaction, Cole VandenAkker holds 35,541 restricted stock units directly. These are derivative securities tied to Traeger common stock and will convert into cash or potentially shares as they vest according to the three-year vesting schedule.
Does this Traeger (COOK) Form 4 show any stock sales or purchases?
The Form 4 shows only an acquisition of 35,541 restricted stock units as a grant or award. There are no reported open-market purchases or sales of Traeger common stock, and the transaction code reflects a compensation-related award rather than trading activity.