Newell Brands grants 203,269 RSUs to HR chief
NEWELL BRANDS INC. reported that Chief Human Resources Officer Tracy L. Platt acquired 203,269 Restricted Stock Units as a grant with no cash price per unit.
Rhea-AI Filing Summary
NEWELL BRANDS INC. reported that Chief Human Resources Officer Tracy L. Platt acquired 203,269 Restricted Stock Units as a grant with no cash price per unit. Each time-based RSU represents a contingent right to receive one share of Newell Brands common stock.
The RSUs vest in stages, with one-third vesting on February 27, 2027, another one-third on February 15, 2028, and the remaining units vesting on February 15, 2029, all subject to Platt’s continuous employment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 203,269 | $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 transaction did NEWELL BRANDS INC. (NWL) report for Tracy L. Platt?
How many Restricted Stock Units were granted to Newell Brands executive Tracy L. Platt?
What is the vesting schedule for Tracy L. Platt’s 203,269 Newell Brands RSUs?
What does each Newell Brands time-based Restricted Stock Unit represent in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.