Newell Brands officer exercises 125,000 RSUs
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Rhea-AI Filing Summary
NEWELL BRANDS INC. Chief Legal & Admin. Officer Bradford R. Turner reported compensation-related share movements tied to vesting of performance-based restricted stock units. He exercised derivative awards covering 125,000 shares of common stock, converting restricted stock units into shares.
To cover associated tax obligations on the vesting, 56,051 shares of common stock were disposed of through share withholding at $5.83 per share, rather than through an open-market sale. Following these transactions, Turner holds 533,398 shares of common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 125,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 125,000 | $5.83 | $729K |
| Exercise Price or Tax Liability | Common Stock | 56,051 | $5.83 | $327K |
Footnotes (4)
- F1. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on July 2, 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 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.
- F4. N/A
Key Figures
Key Terms
Performance Based Restricted Stock Unit ("PRSU") financial
vesting financial
continuous employment with the Company financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Newell Brands (NWL) insider Bradford R. Turner report in this Form 4?
What type of awards vested for Newell Brands (NWL) officer Bradford R. Turner?
What are the vesting terms for Bradford R. Turner’s Newell Brands (NWL) PRSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.