Form 4: TreeHouse Foods CEO Steven Oakland Reports Stock Transactions
SEC Form 4 Filing
CEO Steven Oakland reports the settlement of restricted stock units and shares withheld for tax obligations.
Summary
- On March 24, 2024, Steven Oakland, CEO and President of TreeHouse Foods, Inc., reported transactions involving the company's common stock.
- Oakland settled 28,522 restricted stock units into shares of common stock.
- Additionally, 12,232 shares were withheld to satisfy minimum tax withholding requirements upon the vesting of restricted stock units at a price of $38.09.
- Following these transactions, Oakland directly owns 260,632 shares of TreeHouse Foods common stock and 28,522 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions reported may provide insights to stakeholders regarding management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Grant date of restricted stock units that vest and settle in stock or cash in three approximately equal installments on each of the first three anniversaries of the grant date. |
| 03/24/2024 | Date of stock transactions: settlement of restricted stock units and shares withheld for tax obligations. |
| 03/26/2024 | Date of signature for the Form 4 filing. |
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