Newell Brands (NWL) awards 133,516 time-based RSUs to executive Melanie Huet
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Huet Melanie Arlene
Role
President, Home & Com - Home
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 133,516 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 133,516 shares (Direct)
Footnotes (1)
- Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock. 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. N/A
FAQ
What equity award did Melanie Huet receive from NEWELL BRANDS INC. (NWL)?
Melanie Huet received a grant of 133,516 time-based restricted stock units. Each TRSU represents a contingent right to receive one share of Newell Brands common stock, providing equity-based compensation tied to her continued employment over several years.
How do Melanie Huet’s NEWELL BRANDS (NWL) restricted stock units vest?
Her 133,516 TRSUs vest in three installments over time. One-third vests on February 27, 2027, another one-third on February 15, 2028, and the remaining units on February 15, 2029, all conditioned on continuous employment with the company.
What does each TRSU granted to Melanie Huet by NEWELL BRANDS (NWL) represent?
Each time-based restricted stock unit represents a contingent right to receive one share of Newell Brands common stock. The units only convert into shares as they vest according to the stated schedule, assuming Ms. Huet remains employed by the company.
How many NEWELL BRANDS (NWL) restricted stock units does Melanie Huet hold after this award?
After this equity award, Melanie Huet directly holds 133,516 restricted stock units. These units are subject to a multi-year vesting schedule, with portions vesting in 2027, 2028, and 2029, aligning her compensation with long-term company performance and tenure.