Newell Brands director exercises RSUs, gets new grant
Newell Brands director James P. Keane reported compensation-related equity activity.
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Rhea-AI Filing Summary
Newell Brands director James P. Keane reported compensation-related equity activity. He exercised previously granted restricted stock units into 30,418 shares of Newell Brands common stock, bringing his direct common stock holdings to 54,692 shares after the transactions.
Keane also received a new award of 39,325 restricted stock units, 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 stockholder meeting that occurs at least 50 weeks after the prior year’s meeting, provided he remains in continuous board service through the vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 30,418 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 39,325 | $0.00 | $0.00 |
| Exercise | Common Stock | 30,418 | $0.00 | $0.00 |
Footnotes (3)
- F1. N/A
- F2. Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
- F3. 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 exercise/conversion financial
Grant, award, or other acquisition financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did James P. Keane report at Newell Brands (NWL)?
What size RSU award did Newell Brands (NWL) grant to James P. Keane?
When do James P. Keane’s new RSUs at Newell Brands (NWL) vest?
Were there any open-market buys or sells in this Newell Brands (NWL) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.