Form 4: Traeger Inc. Director Ralph Alvarez Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Ralph Alvarez reports acquisition of 16,905 shares of Traeger Inc. common stock and disposition of 506,786 shares, along with holdings through family trusts.
Summary
- On January 31, 2025, Ralph Alvarez, a director of Traeger Inc., reported changes in his beneficial ownership of the company's common stock.
- He acquired 16,905 shares of common stock.
- He disposed of 506,786 shares of common stock.
- Following these transactions, Alvarez directly owns 506,786 shares.
- Alvarez also indirectly owns 333,333 shares through a family trust dated March 25, 2004, and 48,784 shares through a family trust dated December 16, 2012.
- The 16,905 shares acquired consist of fully-vested restricted stock units, which will be settled in shares of Traeger's common stock within 45 days following certain events such as separation from service, change in control, death, or disability.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in stock ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It may influence investor perception of the company depending on the size and nature of the transactions.
Key Dates
| Date | Description |
|---|---|
| 2004-03-25 | Date of Family Trust |
| 2012-12-16 | Date of Family Trust |
| 2025-01-31 | Date of transaction |
| 2025-02-03 | Date of signature |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.