Form 4: TreeHouse Foods SVP, Chief Operations Officer, Stephen Alan Landry, Reports Stock Transactions
SEC Form 4 Filing
Stephen Alan Landry, SVP, Chief Operations Officer of TreeHouse Foods, Inc., reports the settlement of restricted stock units and shares withheld for tax obligations.
Summary
- On March 24, 2024, Stephen Alan Landry, SVP, Chief Operations Officer of TreeHouse Foods, Inc., settled 1,964 restricted stock units into shares of common stock.
- Also on March 24, 2024, 576 shares of common stock were withheld at a price of $38.09 to satisfy minimum tax withholding requirements upon the vesting of restricted stock units.
- Following these transactions, Landry directly owns 3,723 shares of TreeHouse Foods, Inc. common stock and 1,964 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of 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 related to executive compensation and stock ownership, which is common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/24/2022 | Grant date of the restricted stock units which vest and settle in stock or cash in three approximately equal installments on each of the first three anniversaries of the grant date. |
| 03/24/2024 | Date of transaction: settlement of restricted stock units and withholding of shares for tax obligations. |
| 03/26/2024 | Date of signature for the report. |
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