---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-055406"
form_type: "8-K/A"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:53:52.787269+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Traeger approves reduction in force, revises Project Gravity charges to $25M-$31M, annual savings ~$58M

## Summary
- Board approved reduction in force on Dec 4, 2025, adding ~$8M in annualized pre-tax cost savings.
- Total pre-tax charges revised to $25M-$31M, mostly cash, including $9M-$10M severance and $16M-$21M professional fees.
- Project Gravity now expected to deliver ~$58M annualized savings: $30M from Phase 1, $28M from Phase 2.
- Substantial completion by end of 2026; majority of charges expected by end of 2025.

## SEC filing metadata
- accession: 0001628280-25-055406
- form_type: 8-K/A
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2025-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000162828025055406/0001628280-25-055406-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000162828025055406/tra-20250515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-055406
- JSON: https://secwatch.observer/filing/0001628280-25-055406.json
- Plain text: https://secwatch.observer/filing/0001628280-25-055406.txt

## Source-grounded claims
- claim_id: 7e73517ec56adecedad5fa70f12aa636a5fcec05
  claim: Traeger, Inc. announced a restructuring with charges of between approximately $25.0 million and $31.0 million affecting Company-wide (Project Gravity Phase 2) (a reduction in force to align workforce size with the Company’s current operational scale).
  evidence_excerpt: charges. The Company now anticipates incurring total pre-tax charges related to currently known and reasonably estimable actions of Project Gravity of between approximately $25.0 million and $31.0 million (the “Total Costs”), which primarily consist of cash expenditures. Of the Total Costs, the Company expects pre-tax charges of between approximately $16.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857853/000162828025055406/0001628280-25-055406-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
