Form 4: TreeHouse Foods EVP, General Counsel and CHRO Kristy N. Waterman Reports Stock Transactions
SEC Form 4 Filing
Kristy N. Waterman, EVP, General Counsel and CHRO of TreeHouse Foods, Inc., reports the settlement of restricted stock units and shares withheld for tax obligations on March 24, 2024.
Summary
- On March 24, 2024, Kristy N. Waterman, EVP, General Counsel and CHRO of TreeHouse Foods, Inc., settled 4,144 restricted stock units into shares of common stock.
- Also on March 24, 2024, 1,215 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, Waterman directly owns 20,895 shares of TreeHouse Foods, Inc. common stock and 4,143 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the settlement of existing equity awards.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Grant date of the restricted stock units which vest and settle in three approximately equal installments on each of the first three anniversaries. |
| 03/24/2024 | Date of the reported transactions: settlement of restricted stock units and withholding of shares for tax obligations. |
| 03/26/2024 | Date of signature for the Form 4 filing. |
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