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Newell Brands (NWL) CLO exercises 125,000 PRSUs; 56,051 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Turner Bradford R
Role Chief Legal & Admin. Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 125,000 $0.00 --
Exercise Common Stock 125,000 $5.83 $729K
Tax Withholding Common Stock 56,051 $5.83 $327K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 589,449 shares (Direct, null)
Footnotes (1)
  1. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on July 2, 2026. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock. 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. N/A
PRSUs exercised 125,000 shares Performance-based restricted stock units converted to common stock
Shares withheld for taxes 56,051 shares Withholding to cover tax liability on vesting
Withholding price $5.83 per share Value used for tax-withholding disposition
Post-transaction holdings 533,398 shares Common stock held directly after reported transactions
Tax-withholding shares (summary) 56,051 shares Aggregate tax withholding in transaction summary
Exercises (summary) 125,000 shares ExerciseShares in transaction summary for derivative exercise
Performance Based Restricted Stock Unit ("PRSU") financial
"Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share..."
withholding of shares to cover taxes financial
"The withholding of shares to cover taxes on the vesting was calculated..."
vesting financial
"The terms of the Reporting Person's PRSUs... provide for a seventy percent (70%) vesting..."
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.
continuous employment with the Company financial
"..., and a thirty percent (30%) vesting on July 5, 2026, subject to the continuous employment with the Company."
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FAQ

What did Newell Brands (NWL) insider Bradford R. Turner report in this Form 4?

Bradford R. Turner reported the vesting and exercise of 125,000 performance-based restricted stock units into common shares, along with a related share withholding transaction to cover tax obligations under the company’s equity compensation program.

How many Newell Brands (NWL) shares were withheld for taxes in this filing?

The filing shows 56,051 shares of Newell Brands common stock were withheld to satisfy tax obligations, based on a price of $5.83 per share, rather than being sold in the open market.

What type of awards vested for Newell Brands (NWL) officer Bradford R. Turner?

The filing describes vesting of Performance Based Restricted Stock Units (PRSUs), where each PRSU represents the right to receive one share of Newell Brands common stock upon satisfying vesting conditions and continued employment with the company.

What is Bradford R. Turner’s Newell Brands (NWL) share ownership after these transactions?

After the reported vesting, exercise, and tax withholding transactions, Bradford R. Turner directly holds 533,398 shares of Newell Brands common stock, as disclosed in the post-transaction holdings figure in the Form 4.

How were the tax withholding shares in the Newell Brands (NWL) Form 4 valued?

The share withholding to cover taxes was calculated using Newell Brands’ closing stock price on July 2, 2026, with the Form 4 indicating a $5.83 per share value for the 56,051 withheld shares.

What are the vesting terms for Bradford R. Turner’s Newell Brands (NWL) PRSUs?

The PRSUs granted on July 5, 2023 vest in two tranches: 70% on July 5, 2025 and 30% on July 5, 2026, conditioned on Turner’s continuous employment with Newell Brands.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Turner Bradford R

(Last)(First)(Middle)
C/O NEWELL BRANDS INC.
5 CONCOURSE PARKWAY NE, 8TH FLOOR

(Street)
ATLANTA GEORGIA 30328

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NEWELL BRANDS INC. [ NWL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal & Admin. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/05/2026M125,000A$5.83589,449D
Common Stock07/05/2026F56,051D$5.83(1)533,398D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)07/05/2026M125,000 (3) (4)Common Stock125,000$00D
Explanation of Responses:
1. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on July 2, 2026.
2. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
3. 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.
4. N/A
Remarks:
Bradford R. Turner07/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)