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 the settlement of restricted stock units and shares withheld for tax obligations.
Summary
- On March 24, 2024, Sean Lewis, SVP, Chief Customer Officer of TreeHouse Foods, settled 1,978 restricted stock units into shares of common stock.
- Also on March 24, 2024, 580 shares of common stock were disposed of at a price of $38.09 to satisfy tax withholding requirements.
- Following these transactions, Lewis directly owns 11,712 shares of common stock and 1,977 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It is a standard practice required by the SEC to prevent insider trading and maintain market integrity.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Grant date of the restricted stock units, which vest 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 shares withheld for taxes. |
| 03/26/2024 | Date of signature on the Form 4 filing. |
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