Newell Brands (NWL) legal chief sells 100,000 shares at $6.16 average price
Rhea-AI Filing Summary
Newell Brands Inc. executive Bradford R. Turner, Chief Legal & Administrative Officer, reported selling 100,000 shares of common stock on 2026-08-06 in an open market or private transaction at a weighted average price of $6.16 per share. According to the filing, shares were sold between $6.14 and $6.19, inclusive. Following this transaction, Turner reported owning 433,398 shares of Newell Brands common stock directly. The Rule 10b5-1 checkbox was not marked as being pursuant to a trading plan.
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Insights
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Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
1 txn
Insider
Turner Bradford R
Role
Chief Legal & Admin. Officer
Sold
100,000 shs ($616K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 100,000 | $6.16 | $616K |
Holdings After Transaction:
Common Stock — 433,398 shares (Direct)
Footnotes (1)
- F1. The price reported is a weighted average stock price. Shares were sold between $6.14 and $6.19, inclusive.
Key Figures
Shares sold: 100,000 shares
Weighted average sale price: $6.16 per share
Sale price range: $6.14–$6.19 per share
+2 more
5 metrics
Shares sold
100,000 shares
Common stock sale on 2026-08-06 by Bradford R. Turner
Weighted average sale price
$6.16 per share
Average price for the 100,000 shares sold
Sale price range
$6.14–$6.19 per share
Range of prices at which shares were sold, inclusive
Shares owned after transaction
433,398 shares
Direct beneficial ownership after reported sale
Net shares sold in filing
100,000 shares
Net-sell direction from transaction summary
Key Terms
weighted average stock price, Sale in open market or private transaction, Rule 10b5-1, beneficially owned
4 terms
weighted average stock price financial
"The price reported is a weighted average stock price."
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was not marked as being pursuant"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficially owned financial
"Following this transaction, Turner reported owning 433,398 shares"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NEWELL BRANDS INC. (NWL) report for Bradford R. Turner?
Bradford R. Turner reported selling 100,000 shares of Newell Brands common stock on 2026-08-06 in an open market or private transaction, as disclosed in a Form 4 filing.
Was Bradford R. Turner’s NWL stock sale under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox was not marked as affirmative, indicating the reported sale was not stated to be made pursuant to a Rule 10b5-1 trading plan.
What role does Bradford R. Turner hold at NEWELL BRANDS INC. (NWL)?
Bradford R. Turner is identified as Chief Legal & Administrative Officer of Newell Brands Inc., making this a senior executive insider transaction under Section 16 reporting requirements.