Newell Brands (NWL) CEO exercises RSUs and settles vesting taxes in stock
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.
Positive
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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 | -- |
| Exercise | Restricted Stock Units | 212,615 | $0.00 | -- |
| Exercise | Restricted Stock Units | 116,069 | $0.00 | -- |
| Exercise | Common Stock | 41,247 | $0.00 | -- |
| Tax Withholding | Common Stock | 18,496 | $4.67 | $86K |
| Exercise | Common Stock | 116,069 | $0.00 | -- |
| Tax Withholding | Common Stock | 35,395 | $4.67 | $165K |
| Exercise | Common Stock | 212,615 | $0.00 | -- |
| Tax Withholding | Common Stock | 95,337 | $4.67 | $445K |
| Exercise | Restricted Stock Units | 162,972 | $0.00 | -- |
| Exercise | Common Stock | 162,972 | $0.00 | -- |
| Tax Withholding | Common Stock | 62,166 | $4.70 | $292K |
Footnotes (1)
- The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 13, 2026. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 17, 2026. Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock. 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. N/A Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock. The terms of the reporting person's PRSUs provide for vesting on February 17, 2026, subject to continuous employment with the Company.
