---
schema_version: "secwatch.filing_event.v1"
accession: "0001857853-23-000032"
form_type: "8-K"
ticker: "COOK"
cik: "0001857853"
company_name: "Traeger, Inc."
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:36:16.447982+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Traeger cancels unearned PSUs for CEO, CFO, COO; grants CEO performance shares tied to EBITDA or $18 stock price

## Summary
- Cancelled 4,150,910 unearned PSUs for CEO Jeremy Andrus, 153,333 for CFO Dominic Blosil, 93,333 for COO James Hardy.
- Granted 1,037,728 performance shares to CEO Andrus under 2021 Incentive Plan.
- Performance shares vest if FY2023 adjusted EBITDA goal met; otherwise based on $18.00/share stock price by Aug 2031.
- Andrus must hold vested shares for two years; 83(b) election required.

## SEC filing metadata
- accession: 0001857853-23-000032
- form_type: 8-K
- ticker: COOK
- cik: 0001857853
- company_name: Traeger, Inc.
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000032/0001857853-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857853/000185785323000032/tra-20230413.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857853-23-000032
- JSON: https://secwatch.observer/filing/0001857853-23-000032.json
- Plain text: https://secwatch.observer/filing/0001857853-23-000032.txt

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