Newell Brands grants 85,164 RSUs to executive
Duran Nicolas reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Duran Nicolas reported acquisition or exercise transactions in this Form 4 filing.
NEWELL BRANDS INC. reported that Nicolas Duran, President of Outdoor & Rec., received a grant of 85,164 Restricted Stock Units (TRSUs) on February 27, 2026. Each TRSU represents a contingent right to receive one share of Newell Brands common stock.
The TRSUs vest in stages, with one-third vesting on February 27, 2027, another one-third vesting on February 15, 2028, and the remaining units vesting on February 15, 2029, all subject to his continued employment with the company. Following this award, Duran holds 85,164 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 85,164 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Newell Brands (NWL) report for Nicolas Duran?
How many Restricted Stock Units were granted to the Newell Brands (NWL) Outdoor & Rec president?
How do the Newell Brands (NWL) TRSUs granted to Nicolas Duran vest over time?
What does each TRSU granted by Newell Brands (NWL) to Nicolas Duran represent?
What is Nicolas Duran’s RSU balance at Newell Brands (NWL) after this Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.