Newell Brands director receives 39,325 RSUs
NEWELL BRANDS INC. director Terry Anthony E reported equity award activity involving company stock and restricted stock units.
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Rhea-AI Filing Summary
NEWELL BRANDS INC. director Terry Anthony E reported equity award activity involving company stock and restricted stock units. He exercised previously awarded restricted stock units into 30,418 shares of common stock, leaving him with 56,708 common shares held directly after the transactions.
He was also granted 39,325 restricted stock units, each representing a contingent right to receive one share of Newell Brands common stock. This award will vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting that occurs at least 50 weeks after the prior year’s meeting, provided he remains in continuous board service through that vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,418 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 39,325 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,418 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Newell Brands Inc. common stock.
- F2. N/A
- F3. The award shall vest in full upon the earlier of: (i) the first anniversary of the date of the grant of the award or (ii) the next annual meeting of the Company's stockholders, which is at least 50 weeks after the immediately preceding year's annual meeting of the Company's stockholders; provided the Reporting Person remains in continuous service on the Board until such vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Newell Brands (NWL) director Terry Anthony E report?
What are the terms of the 39,325 restricted stock units granted at Newell Brands (NWL)?
When will Terry Anthony E’s new restricted stock units in Newell Brands (NWL) vest?
Did the Newell Brands (NWL) Form 4 show any stock sales by Terry Anthony E?
AI-generated analysis. How Rhea-AI works. Not financial advice.