Newell Brands (NWL) executive vests 75,216 PRSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newell Brands executive Kristine Kay Malkoski reported compensation-related share transactions tied to performance-based restricted stock units (PRSUs). She exercised PRSUs into 75,216 shares of common stock at a stated value of $5.83 per share and delivered 33,727 shares to cover tax withholding, a non-market disposition. After these transactions, she holds 356,735 shares of Newell Brands common stock directly. These actions reflect equity award vesting and associated tax obligations rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
75,216 shares exercised/converted
Mixed
3 txns
Insider
Malkoski Kristine Kay
Role
President, Learning & Dev.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 75,216 | $0.00 | -- |
| Exercise | Common Stock | 75,216 | $5.83 | $439K |
| Tax Withholding | Common Stock | 33,727 | $5.83 | $197K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 390,462 shares (Direct, null)
Footnotes (1)
- The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on July 2, 2026. Each Performance Based Restricted Stock Unit ("PRSU") represents a contingent right to receive one share of the Company's common stock. The terms of the Reporting Person's PRSUs granted on July 5, 2023 provide for a seventy percent (70%) vesting on July 5, 2025, and a thirty percent (30%) vesting on July 5, 2026, subject to the continuous employment with the Company. N/A
Key Figures
Shares acquired via PRSU exercise: 75,216 shares
Tax withholding shares: 33,727 shares
Per-share value used: $5.83 per share
+1 more
4 metrics
Shares acquired via PRSU exercise
75,216 shares
Performance-based RSUs converted to common stock
Tax withholding shares
33,727 shares
Delivered to cover tax liability on vesting
Per-share value used
$5.83 per share
Stated transaction price for common stock
Shares held after transactions
356,735 shares
Direct ownership of Newell Brands common stock
Key Terms
Restricted Stock Units, Performance Based Restricted Stock Unit ("PRSU"), tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Based Restricted Stock Unit ("PRSU") financial
"Each Performance Based Restricted Stock Unit ("PRSU") represents a contingent right"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
vesting financial
"provide for a seventy percent (70%) vesting on July 5, 2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Newell Brands (NWL) report for Kristine Kay Malkoski?
Kristine Kay Malkoski exercised performance-based restricted stock units into Newell Brands common shares and had a portion withheld to cover taxes. These actions are compensation-related and not open-market buying or selling activity.
What are PRSUs in the context of Newell Brands (NWL) executive compensation?
At Newell Brands, each Performance Based Restricted Stock Unit (PRSU) represents a contingent right to receive one common share. Vesting depends on grant terms, including performance conditions and continued employment with the company.
Were Malkoski’s Newell Brands (NWL) transactions open-market sales or purchases?
The filing shows no open-market sales or purchases by Malkoski. Reported activity consists of PRSU exercises and shares delivered to cover tax liabilities, which are standard equity compensation mechanics rather than discretionary trading.