Form 4: TreeHouse Foods EVP, General Counsel and CHRO 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.
Summary
- On March 13, 2024, Kristy N. Waterman, EVP, General Counsel and CHRO of TreeHouse Foods, Inc., settled 4,037 restricted stock units into shares of common stock.
- Also on March 13, 2024, 1,183 shares of common stock were withheld to satisfy minimum tax withholding requirements upon the vesting of restricted stock units at a price of $36.96 per share.
- Following these transactions, Waterman directly owns 17,966 shares of TreeHouse Foods, Inc. common stock and 8,073 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an executive, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 03/13/2023 | Grant date of the 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. |
| 03/13/2024 | Date of the reported transactions: settlement of restricted stock units and shares withheld for taxes. |
| 03/15/2024 | Date of signature for the Form 4 filing. |
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