85,164 RSUs awarded to Newell Brands (NWL) Outdoor & Rec president
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Duran Nicolas
Role
President, Outdoor & Rec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 85,164 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 85,164 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 insider transaction did Newell Brands (NWL) report for Nicolas Duran?
Newell Brands reported that Nicolas Duran received a grant of 85,164 Restricted Stock Units. These units are a form of equity compensation that can convert into common shares over time, aligning the executive’s interests with long-term company performance.
How many Restricted Stock Units were granted to the Newell Brands (NWL) Outdoor & Rec president?
Nicolas Duran was granted 85,164 Time Based Restricted Stock Units. Each TRSU represents a contingent right to receive one share of Newell Brands common stock if vesting conditions and continued employment requirements are satisfied over several future vesting dates.
How do the Newell Brands (NWL) TRSUs granted to Nicolas Duran vest over time?
The TRSUs vest ratably in three installments. One-third vests on February 27, 2027, another one-third vests on February 15, 2028, and the remaining shares vest on February 15, 2029, provided Duran remains continuously employed by Newell Brands.
What does each TRSU granted by Newell Brands (NWL) to Nicolas Duran represent?
Each Time Based Restricted Stock Unit represents a contingent right to receive one share of Newell Brands common stock. Actual delivery of shares occurs only if vesting conditions are met and the executive maintains continuous employment through the scheduled vesting dates.
What is Nicolas Duran’s RSU balance at Newell Brands (NWL) after this Form 4 transaction?
After the reported grant, Nicolas Duran beneficially owns 85,164 Restricted Stock Units directly. This reflects the full amount of the new award, which will convert into shares over time as the units vest according to the specified schedule and employment conditions.