Director exercises 30,418 shares after RSU grant at Newell Brands (NWL)
Rhea-AI Filing Summary
Newell Brands director Gary H. Pilnick reported routine equity compensation moves. On May 7, 2026, he exercised derivative securities to acquire 30,418 shares of Newell Brands common stock, leaving him with 30,418 common shares held directly after the transaction.
On the same date, he also received a new grant of 39,325 Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock. According to the award terms, these RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting, provided he remains in continuous Board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,418 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 39,325 | $0.00 | -- |
| Exercise | Common Stock | 30,418 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock. N/A The award shall vest in full upon the earlier of: (i) the first anniversary of the date of the grant of the award or (ii) the next annual meeting of the Company's stockholders, which is at least 50 weeks after the immediately preceding year's annual meeting of the Company's stockholders; provided the Reporting Person remains in continuous service on the Board until such vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
grant, award, or other acquisition financial
continuous service on the Board financial
FAQ
What insider transactions did Newell Brands (NWL) director Gary H. Pilnick report?
Gary H. Pilnick reported equity-related acquisitions, not open-market trades. On May 7, 2026, he exercised derivative securities into 30,418 common shares and received a new grant of 39,325 Restricted Stock Units (RSUs) as part of director compensation.
What are the terms of Gary H. Pilnick’s 39,325 RSU grant at Newell Brands (NWL)?
The 39,325 RSUs each represent a contingent right to receive one Newell Brands common share. The award vests in full on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting, if he remains in continuous Board service.
Were Gary H. Pilnick’s Newell Brands (NWL) transactions open-market buys or sells?
No, the filing shows no open-market purchases or sales. The transactions are classified as derivative exercises and a grant award, meaning they reflect equity compensation and conversions rather than discretionary buying or selling in the public market.
What type of derivative securities did Gary H. Pilnick exercise at Newell Brands (NWL)?
He exercised Restricted Stock Units (RSUs) into common stock. One transaction converted 30,418 RSUs into an equal number of Newell Brands common shares at a stated price of $0.00 per unit, consistent with typical RSU settlement mechanics.