Newell Brands (NWL) executive RSUs vest; shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEWELL BRANDS INC. executive Melanie Arlene Huet, President, Home & Com - Home, reported routine equity compensation activity involving restricted stock units. On May 31, 2026, time-based restricted stock units vested and were converted into 1,943 shares of common stock. To cover tax obligations on the vesting, 580 shares of common stock were withheld, with the tax withholding calculated using the company’s closing stock price of $3.40 per share on May 29, 2026. The filing describes this as an exercise of derivative securities and a tax-withholding disposition rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,943 shares exercised/converted
Mixed
3 txns
Insider
Huet Melanie Arlene
Role
President, Home & Com - Home
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,943 | $0.00 | -- |
| Exercise | Common Stock | 1,943 | $3.40 | $7K |
| Tax Withholding | Common Stock | 580 | $3.40 | $2K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 2,810 shares (Direct, null)
Footnotes (1)
- Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on May 29, 2026. Each time-based restricted stock unit ("TRSU") represents a contingent right to receive one share of the Company's common stock. The TRSUs vest ratably in one-third increments on the grant date's first, second, and third anniversaries, subject to the Reporting Person's continuous employment with the Company. N/A
Key Figures
RSUs converted: 1,943 shares
Shares withheld for taxes: 580 shares
Reference stock price: $3.40 per share
+2 more
5 metrics
RSUs converted
1,943 shares
Time-based restricted stock units vesting into common stock on May 31, 2026
Shares withheld for taxes
580 shares
Withholding to cover tax on vesting, based on May 29, 2026 close
Reference stock price
$3.40 per share
Company closing stock price on May 29, 2026 used for tax withholding
Derivative exercise
1 exercise, 1,943 shares
Exercise or conversion of derivative security reported in transaction summary
Tax withholding disposition
580 shares
One tax-withholding disposition transaction reported in transaction summary
Key Terms
time-based restricted stock unit ("TRSU"), withholding of shares to cover taxes, vesting, derivative security, +1 more
5 terms
time-based restricted stock unit ("TRSU") financial
"Each time-based restricted stock unit ("TRSU") represents a contingent right to receive one share"
vesting financial
"The TRSUs vest ratably in one-third increments on the grant date's first, second, and third anniversaries"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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.
FAQ
What insider transaction did Newell Brands (NWL) report for Melanie Huet?
Newell Brands reported that executive Melanie Arlene Huet had time-based restricted stock units vest into 1,943 shares of common stock, with a portion of shares withheld to satisfy tax obligations related to the vesting event.
Was Melanie Huet’s Newell Brands (NWL) Form 4 an open-market stock sale?
The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to pay taxes on vested restricted stock units, a routine administrative mechanism rather than a discretionary sale into the market.
What type of equity award vested for Newell Brands (NWL) executive Melanie Huet?
The filing states that time-based restricted stock units (TRSUs) vested for Melanie Huet. Each TRSU represents a contingent right to receive one share of Newell Brands common stock, vesting in one-third installments on the first, second, and third anniversaries of the grant date.
How do Melanie Huet’s Newell Brands (NWL) TRSUs vest over time?
According to the footnotes, the time-based restricted stock units vest ratably in one-third increments on the first, second, and third anniversaries of the grant date, provided Melanie Huet maintains continuous employment with Newell Brands throughout the vesting period.