Newell Brands grants 221,428 RSUs to top lawyer
Turner Bradford R reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Turner Bradford R reported acquisition or exercise transactions in this Form 4 filing.
NEWELL BRANDS INC. granted 221,428 Restricted Stock Units (RSUs) to its Chief Legal & Administrative Officer, Bradford R. Turner. Each RSU represents a right to receive one share of Newell’s common stock if vesting conditions are met.
The RSUs vest in stages: one-third on February 27, 2027, one-third on February 15, 2028, and the remaining shares on February 15, 2029, all conditioned on Mr. Turner’s continuous employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 221,428 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock.
- F2. The TRSUs vest ratably, with one-third (1/3) vesting on February 27, 2027, one-third (1/3) vesting on February 15, 2028, and the remainder of shares vesting on February 15, 2029, subject to continuous employment with the Company.
- F3. N/A
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity award did NEWELL BRANDS INC. (NWL) disclose for Bradford R. Turner?
How many Restricted Stock Units did NWL’s Chief Legal & Administrative Officer receive?
What is the vesting schedule for Bradford R. Turner’s 221,428 NWL RSUs?
What does each NWL Time Based Restricted Stock Unit (TRSU) represent?
Is Bradford R. Turner’s NWL RSU award subject to continued employment conditions?
AI-generated analysis. How Rhea-AI works. Not financial advice.