Newell CEO converts RSUs, withholds shares for taxes
Rhea-AI Filing Summary
NEWELL BRANDS INC. President & CEO Christopher H. Peterson reported multiple equity award transactions involving restricted stock units and common stock on February 16–17, 2026. He exercised or converted several blocks of time-based and performance-based restricted stock units into common shares at no cash exercise price.
To cover tax obligations on these vestings, shares of common stock were withheld at closing prices of $4.67 and $4.70 per share as described in the notes. After these exercises and tax-withholding dispositions, Peterson directly owned 919,637 shares of Newell common stock.
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Negative
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Insights
CEO converted RSUs to shares and had taxes settled in stock.
Christopher H. Peterson, President & CEO of NEWELL BRANDS INC., exercised or converted multiple restricted stock unit awards into common stock on February 16–17, 2026. These include time-based and performance-based RSUs, each representing the right to receive one share of common stock.
Several resulting common shares were withheld at prices around $4.67–$4.70 to satisfy tax liabilities, a common administrative mechanism rather than open-market selling. Following all transactions, Peterson’s direct ownership stood at 919,637 common shares, indicating a net increase in directly held stock from equity award vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 41,247 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 212,615 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 116,069 | $0.00 | $0.00 |
| Exercise | Common Stock | 41,247 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 18,496 | $4.67 | $86K |
| Exercise | Common Stock | 116,069 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 35,395 | $4.67 | $165K |
| Exercise | Common Stock | 212,615 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 95,337 | $4.67 | $445K |
| Exercise | Restricted Stock Units | 162,972 | $0.00 | $0.00 |
| Exercise | Common Stock | 162,972 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 62,166 | $4.70 | $292K |
Footnotes (7)
- F1. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 13, 2026.
- F2. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 17, 2026.
- F3. Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock.
- F4. The TRSU vests ratably in one-third increments on the grant date's first, second and third anniversaries, subject to the reporting person's continuous employment with the Company.
- F5. N/A
- F6. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
- F7. The terms of the reporting person's PRSUs provide for vesting on February 17, 2026, subject to continuous employment with the Company.
FAQ
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What did Newell Brands (NWL) CEO Christopher Peterson report in this Form 4?
What types of awards were involved in the Newell (NWL) CEO’s Form 4 filing?
How do Newell (NWL) time-based RSUs vest for the CEO?
When do Newell (NWL) performance-based RSUs vest for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.