Form 4: TreeHouse Foods Executive Stephen Landry Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Stephen Landry, SVP and Chief Operations Officer of TreeHouse Foods, reports the settlement of restricted stock units and performance units, along with associated tax withholding, resulting in a net change in his holdings of common stock.

Summary

  • On March 24, 2025, Stephen Landry, SVP, Chief Operations Officer of TreeHouse Foods, engaged in several transactions involving TreeHouse Foods common stock.
  • He settled 1,964 restricted stock units (RSUs) into shares of common stock.
  • 576 shares were withheld to satisfy minimum tax withholding requirements upon the vesting of these RSUs at a price of $26.2.
  • He also settled non-derivative performance units for the performance period ending December 31, 2024, resulting in the acquisition of 3,544 shares.
  • An additional 1,033 shares were withheld to satisfy minimum tax withholding requirements upon settlement of the performance units at a price of $26.2.
  • Following these transactions, Landry directly owns 6,097 shares of TreeHouse Foods common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It reflects part of the executive compensation structure at TreeHouse Foods.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and do not signal any strategic shift or concern.

Key Dates

DateDescription
March 24, 2022Grant date of the restricted stock units, which vest and settle in three approximately equal installments on each of the first three anniversaries.
December 31, 2024End of the performance period for the non-derivative performance units.
March 24, 2025Date of the reported transactions, including settlement of restricted stock units and performance units.
March 26, 2025Date of signature on the Form 4 filing.

Keywords

Form 4, TreeHouse Foods, Stephen Landry, Stock Transactions, Restricted Stock Units, Performance Units, Beneficial Ownership, Tax Withholding

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