Newell Brands director exercises 30,418 RSUs
NEWELL BRANDS INC. director Judith A. Sprieser reported updated equity holdings, including an exercise of 30,418 Restricted Stock Units into common stock on May 7, 2026.
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Rhea-AI Filing Summary
NEWELL BRANDS INC. director Judith A. Sprieser reported updated equity holdings, including an exercise of 30,418 Restricted Stock Units into common stock on May 7, 2026. Following this, she directly holds 80,393 shares of Newell common stock.
The filing also shows 34,801.54 Deferred RSU phantom stock units, which are tied one-for-one to common shares and will generally convert after her board service ends under the company’s Deferred Compensation Plan. Part of this phantom balance, 8,159.54 units, comes from the plan’s dividend reinvestment feature.
The company notes this Form 4 corrects previously understated beneficial ownership totals caused by an administrative error in an earlier report, and confirms that no transactions were omitted.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,418 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 30,418 | $0.00 | $0.00 |
| holding | Deferred RSU Phantom Stock | -- | -- | -- |
Footnotes (6)
- F1. This Form 4 includes corrected beneficial ownership totals in Table I, Column 5. The Form 4 filed on May 12, 2025 reporting beneficial ownership totals were understated due to an administrative error failing to carry forward beneficial ownership amounts reported on previous Form 4 reports. No transactions were omitted.
- F2. Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. Common Stock.
- F3. N/A
- F4. The Reporting Person's phantom stock units will convert to shares of the Company's Common Stock on a one-for-one basis after the end of the Reporting Person's service on the Company's Board, in accordance with the 2008 Deferred Compensation Plan, as amended ("DCP").
- F5. Represents vested awards of 26,642 RSU's granted in 2018, 2019 and 2020, pursuant to the Newell Rubbermaid Inc., 2013 Incentive Plan. The Reporting Person elected to defer settlement on the scheduled vesting date and the RSU's instead converted to an equal number of phantom stock units, in accordance with the DCP.
- F6. The report total includes 8,159.54 phantom stock units acquired by the Reporting Person pursuant to a dividend reinvestment feature of the DCP, of which 2033.89 phantom stock units were acquired since the date of the last report. The additional phantom stock units acquired pursuant to the dividend reinvestment feature will be settled for cash after the end of the Reporting Person's service on the Company's Board.
Key Figures
Key Terms
Restricted Stock Units financial
phantom stock units financial
dividend reinvestment feature financial
Deferred Compensation Plan financial
beneficial ownership totals regulatory
FAQ
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What insider transaction did Judith A. Sprieser report at NEWELL BRANDS INC. (NWL)?
What are the Deferred RSU phantom stock units reported for NEWELL BRANDS INC. (NWL)?
How many phantom stock units at NEWELL BRANDS INC. (NWL) come from dividend reinvestment?
Why does this NEWELL BRANDS INC. (NWL) Form 4 mention a correction?
What does each Restricted Stock Unit represent for NEWELL BRANDS INC. (NWL)?
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