Director at Newell Brands (NWL) exercises RSUs and updates share, phantom unit holdings
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,418 shares exercised/converted
Mixed
3 txns
Insider
SPRIESER JUDITH A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,418 | $0.00 | -- |
| Exercise | Restricted Stock Units | 30,418 | $0.00 | -- |
| holding | Deferred RSU Phantom Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Deferred RSU Phantom Stock — 34,801.54 shares (Direct)
Footnotes (1)
- 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. Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. Common Stock. N/A 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"). 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. 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
RSUs exercised: 30,418 units
Direct common shares after transaction: 80,393 shares
Deferred RSU phantom units: 34,801.54 units
+3 more
6 metrics
RSUs exercised
30,418 units
Restricted Stock Units converted to common stock on May 7, 2026
Direct common shares after transaction
80,393 shares
Total Newell Brands common stock held directly after RSU exercise
Deferred RSU phantom units
34,801.54 units
Phantom stock units linked one-for-one to common stock
Phantom units from dividend reinvestment
8,159.54 units
Includes 2,033.89 units acquired since the last report
Recently reinvested phantom units
2,033.89 units
New phantom stock units from dividend reinvestment since prior filing
Derivative exercise entries
1 transaction
Exercise or conversion of derivative security (RSUs) coded as M
Key Terms
Restricted Stock Units, phantom stock units, dividend reinvestment feature, Deferred Compensation Plan, +1 more
5 terms
Restricted Stock Units financial
"Represents vested awards of 26,642 RSU's granted in 2018, 2019 and 2020"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
phantom stock units financial
"converted to an equal number of phantom stock units, in accordance with the DCP"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
dividend reinvestment feature financial
"acquired by the Reporting Person pursuant to a dividend reinvestment feature of the DCP"
Deferred Compensation Plan financial
"in accordance with the 2008 Deferred Compensation Plan, as amended ("DCP")"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
beneficial ownership totals regulatory
"includes corrected beneficial ownership totals in Table I, Column 5"
FAQ
What insider transaction did Judith A. Sprieser report at NEWELL BRANDS INC. (NWL)?
Judith A. Sprieser reported exercising 30,418 Restricted Stock Units into Newell Brands common stock. This derivative exercise increased her direct stock holdings and is part of her equity compensation, not an open-market purchase or sale.
What are the Deferred RSU phantom stock units reported for NEWELL BRANDS INC. (NWL)?
Sprieser reports 34,801.54 Deferred RSU phantom stock units tied to Newell common stock. These units generally convert one-for-one to shares after her board service ends, under the company’s Deferred Compensation Plan.
How many phantom stock units at NEWELL BRANDS INC. (NWL) come from dividend reinvestment?
The report states that 8,159.54 phantom stock units were acquired via a dividend reinvestment feature, with 2,033.89 of those units added since the prior report. These particular units will be settled for cash after her board service ends.
Why does this NEWELL BRANDS INC. (NWL) Form 4 mention a correction?
The Form 4 explains that earlier beneficial ownership totals were understated due to an administrative error that failed to carry forward prior amounts. This filing corrects the totals and clarifies that no transactions were omitted from earlier reports.
What does each Restricted Stock Unit represent for NEWELL BRANDS INC. (NWL)?
Each Restricted Stock Unit represents a contingent right to receive one share of Newell Brands common stock. Upon vesting or exercise events, these units convert into actual shares, as reflected in this Form 4 filing.