Newell Brands (NWL) CEO converts RSUs into shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEWELL BRANDS INC. President & CEO Christopher H. Peterson reported equity compensation activity involving restricted stock units that vested into common shares. He exercised or converted awards covering 276,968 shares of common stock, increasing his direct share ownership.
To cover related tax obligations, the company withheld a total of 124,194 shares at a price of $3.84 per share, classified as tax-withholding dispositions rather than open-market sales. After these transactions, Peterson directly holds 2,894,323 shares of Newell Brands common stock, and the related restricted stock unit positions reported here have been fully settled.
Positive
- None.
Negative
- None.
Insider Trade Summary
276,968 shares exercised/converted
Mixed
6 txns
Insider
Peterson Christopher H
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 72,619 | $0.00 | -- |
| Exercise | Restricted Stock Units | 204,349 | $0.00 | -- |
| Exercise | Common Stock | 72,619 | $0.00 | -- |
| Tax Withholding | Common Stock | 32,563 | $3.84 | $125K |
| Exercise | Common Stock | 204,349 | $0.00 | -- |
| Tax Withholding | Common Stock | 91,631 | $3.84 | $352K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 2,894,323 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 May 15, 2026. Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock. The TRSU vests 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 Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock. The Company's Compensation and Human Capital Committee certified partial achievement of the pre-established performance metrics for the reporting person's PRSUs granted on May 16, 2023. The terms of the reporting person's PRSUs provided for vesting on May 16, 2026, subject to continuous employment with the Company.
Key Figures
RSUs converted to common stock: 276,968 shares
Shares withheld for taxes: 124,194 shares
Tax withholding price: $3.84 per share
+3 more
6 metrics
RSUs converted to common stock
276,968 shares
Total derivative exercises/conversions reported
Shares withheld for taxes
124,194 shares
Tax-withholding dispositions at vesting
Tax withholding price
$3.84 per share
Company’s closing stock price on May 15, 2026
Post-transaction direct holdings
2,894,323 shares
Common stock held directly after transactions
TRSU conversion
204,349 units/shares
Time Based RSUs converted into common stock
PRSU conversion
72,619 units/shares
Performance Based RSUs converted into common stock
Key Terms
Time Based Restricted Stock Unit ("TRSU"), Performance Based Restricted Stock Unit ("PRSU"), tax-withholding disposition, derivative exercise/conversion, +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..."
Performance Based Restricted Stock Unit ("PRSU") financial
"Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share..."
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""
Compensation and Human Capital Committee financial
"The Company's Compensation and Human Capital Committee certified partial achievement..."
A compensation and human capital committee is a board-level group that sets and oversees executive pay, employee incentive plans, hiring and retention strategies, succession planning, and workplace policies. Think of it as the company’s talent and pay steering team — it shapes who gets hired or promoted, how employees are rewarded, and how workforce risks are managed. Investors care because those choices drive labor costs, company performance, leadership stability and reputation, all of which affect long-term value.
FAQ
What did Newell Brands (NWL) CEO Christopher Peterson report in this Form 4?
Christopher Peterson reported the vesting and conversion of restricted stock units into 276,968 common shares, plus related tax-withholding share dispositions. These are equity compensation events rather than open-market stock purchases or sales.
What types of restricted stock units vested for the Newell Brands (NWL) CEO?
The filing shows both Time Based Restricted Stock Units (TRSUs) and Performance Based Restricted Stock Units (PRSUs) converting into common stock. Each unit represents the right to receive one share of Newell Brands common stock upon vesting.
Were these Newell Brands (NWL) CEO transactions open-market buys or sells?
No. The transactions are derivative exercises/conversions of restricted stock units and tax-withholding dispositions. The Form 4 indicates no open-market purchases or sales; instead, they reflect equity compensation vesting and related tax payments.