secwatch.observer — SEC 8-K summary
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Issuer:     Traeger, Inc. (COOK)
CIK:        0001857853
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001857853-25-000039
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Traeger amends CEO Jeremy Andrus compensation; base salary $750k, target bonus 150%
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- CEO Jeremy Andrus's base salary raised to $750,000 effective January 1, 2025.
- Target bonus for 2025 set at 150% of base salary ($1.125 million).
- Eligible for Executive Change in Control Severance Plan; Cash Severance includes 200% base + 200% target bonus plus pro-rata bonus and COBRA.
- Severance without cause/good reason: base salary plus target bonus paid over 12 months, plus pro-rata bonus and 18 months COBRA with tax gross-up.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857853/000185785325000039/0001857853-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857853/000185785325000039/tra-20250410.htm
  HTML page:      https://secwatch.observer/filing/0001857853-25-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer