Newell Brands CEO reports major RSU vesting
Newell Brands President and CEO Christopher H. Peterson reported several equity compensation transactions involving company stock.
Rhea-AI Filing Summary
Newell Brands President and CEO Christopher H. Peterson reported several equity compensation transactions involving company stock. On February 27, 2026, he exercised 3,448,274 restricted stock units that converted into common shares at a stated price of $0.00 per share, reflecting the vesting of performance-based awards. He also received a new grant of 1,098,901 restricted stock units, which represent contingent rights to receive common shares and vest over time, subject to continued employment. To cover tax obligations related to the vesting, 1,546,207 common shares were withheld at a price of $4.55 per share, resulting in direct ownership of 2,821,704 common shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,448,274 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,098,901 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,448,274 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,546,207 | $4.55 | $7.04M |
Footnotes (6)
- F1. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 27, 2026.
- F2. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
- F3. The terms of the PRSUs provide for vesting on February 27, 2026, subject to continuous employment with the Company.
- F4. N/A
- F5. Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock.
- F6. The TRSUs vest ratably, with one-third (1/3) vesting on February 27, 2027, one-third (1/3) vesting on February 15, 2028, and the remainder of shares vesting on February 15, 2029, subject to continuous employment with the Company.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Newell Brands (NWL) CEO Christopher Peterson report on February 27, 2026?
What restricted stock unit grants did the Newell Brands (NWL) CEO receive in this Form 4 filing?
How do the Newell Brands (NWL) restricted stock units in this filing vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.