Newell Brands grants 133,516 RSUs to executive
Huet Melanie Arlene reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Huet Melanie Arlene reported acquisition or exercise transactions in this Form 4 filing.
NEWELL BRANDS INC. executive Melanie Arlene Huet received a grant of 133,516 time-based restricted stock units (TRSUs), each representing one share of Newell Brands common stock. The award was made at a price of $0.00 per unit, reflecting equity-based compensation rather than a share purchase.
The TRSUs vest over time, subject to Ms. Huet’s continued employment. One-third of the award vests on February 27, 2027, another one-third vests on February 15, 2028, and the remaining units vest on February 15, 2029. Following this grant, Ms. Huet directly holds 133,516 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 133,516 | $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
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What equity award did Melanie Huet receive from NEWELL BRANDS INC. (NWL)?
How do Melanie Huet’s NEWELL BRANDS (NWL) restricted stock units vest?
What does each TRSU granted to Melanie Huet by NEWELL BRANDS (NWL) represent?
How many NEWELL BRANDS (NWL) restricted stock units does Melanie Huet hold after this award?
AI-generated analysis. How Rhea-AI works. Not financial advice.