Form 4: TreeHouse Foods Executive Sean Lewis Reports Stock Transactions
SEC Form 4 Filing
Sean Lewis, SVP and Chief Customer Officer of TreeHouse Foods, reports transactions involving common stock and restricted stock units.
Summary
- On March 31, 2024, Sean Lewis, SVP, Chief Customer Officer of TreeHouse Foods, executed several transactions.
- These transactions included the settlement of 725 restricted stock units into common stock, the withholding of 213 shares for tax obligations related to the vesting of restricted stock units at a price of $38.95, and the settlement of 1,191 non-derivative performance units.
- Additionally, 350 shares were withheld to cover tax obligations related to the settlement of performance units at a price of $38.95.
- Following these transactions, Lewis directly owns 13,065 shares of TreeHouse Foods common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of 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 a common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares, but the effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 03/31/2021 | Grant date of restricted stock units, vesting in three approximately equal installments on each of the first three anniversaries. |
| 12/31/2023 | Performance period ending date for non-derivative performance units. |
| 03/31/2024 | Date of transactions including settlement of restricted stock units and performance units. |
| 04/02/2024 | Date of signature by Power of Attorney. |
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.