Form 4: Traeger Executive James H. Hardy Jr. Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
James H. Hardy Jr., President of Apption Labs at Traeger, Inc., reported disposing of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 2, 2024, James H. Hardy Jr., President of Apption Labs at Traeger, Inc., disposed of 22,032 shares of common stock to cover tax obligations at a price of $2.28 per share.
- Following this transaction, Hardy directly owns 892,636 shares of Traeger common stock.
- On September 3, 2024, Hardy disposed of 94,242 shares of common stock to cover tax obligations at a price of $3.61 per share.
- Following this transaction, Hardy directly owns 798,394 shares of Traeger common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, which is a routine transaction.
Industry Context
This filing is a routine disclosure related to stock transactions by a company insider to cover tax obligations, which is a common practice.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Disposal of 22,032 shares of common stock at $2.28 per share for tax obligations. |
| 09/03/2024 | Disposal of 94,242 shares of common stock at $3.61 per share for tax obligations. |
| 09/06/2024 | Date of signature for the Form 4 filing. |
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