Newell Brands (NWL) CEO Peterson gains major PRSU awards and updates share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newell Brands President & CEO Christopher H. Peterson reported awards of performance-based restricted stock units (PRSUs) on February 9, 2026, which were credited at no cash cost to him. The awards cover 116,069, 204,349 and 3,448,274 PRSUs, each representing one share of common stock.
The Compensation and Human Capital Committee certified partial or full achievement of pre-set performance goals for PRSUs granted in 2023, with vesting scheduled in 2026, subject to continued employment. After corrections for a prior administrative error, Peterson is shown as beneficially owning 598,128 shares of Newell Brands common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Peterson Christopher H
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 116,069 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 204,349 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,448,274 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 116,069 shares (Direct);
Common Stock — 598,128 shares (Direct)
Footnotes (1)
- This Form 4 includes corrected beneficial ownership totals in Table I, Column 5. Beginning with the Form 4 filed on February 19, 2025 and including the Form 4s filed May 7, 2025 and May 20, 2025, reporting person's beneficial ownership totals were understated by 40,056 shares due to an administrative error failing to carry forward amounts reported on the Form 4 filed on May 20, 2024. No transactions were omitted. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock. The Company's Compensation and Human Capital Committee certified partial achievement of the pre-established performance metrics for the reporting person's PRSUs granted on February 17, 2023. The terms of the reporting person's PRSUs provided for vesting on February 17, 2026, subject to continuous employment with the Company. N/A The Company's Compensation and Human Capital Committee certified partial achievement of the pre-established performance metrics for the reporting person's PRSUs granted on May 16, 2023. The terms of the reporting person's PRSUs provided for vesting on May 16, 2026, subject to continuous employment with the Company. The Company's Compensation and Human Capital Committee certified achievement of the pre-established performance metrics for the reporting person's PRSUs granted on July 5, 2023. The terms of the PRSUs granted on July 5, 2023 provide for vesting on February 27, 2026, subject to the continuous employment with the Company.
FAQ
What insider activity did Newell Brands (NWL) report for Christopher H. Peterson?
Newell Brands reported that President & CEO Christopher H. Peterson received several awards of performance-based restricted stock units on February 9, 2026. These units were credited at no cash cost and are tied to performance goals previously set by the company’s Compensation and Human Capital Committee.
How many performance-based restricted stock units did the Newell Brands CEO receive?
Christopher H. Peterson was credited with 116,069, 204,349 and 3,448,274 performance-based restricted stock units. Each unit represents the right to receive one share of Newell Brands common stock, reflecting committee certification of achievement of performance metrics for grants originally made in 2023.
When do the Newell Brands CEO’s PRSUs reported in this Form 4 vest?
The PRSUs reported relate to grants from February 17, 2023, May 16, 2023, and July 5, 2023. Their terms provide for vesting on February 17, 2026, May 16, 2026, and February 27, 2026, respectively, all subject to Christopher H. Peterson’s continuous employment with Newell Brands.
Are the Newell Brands CEO’s PRSU awards tied to performance conditions?
Yes. Each performance-based restricted stock unit represents one share of common stock, and the committee certified partial or full achievement of pre-established performance metrics for the 2023 grants. Vesting of these units in 2026 remains subject to Peterson’s continuous employment with the company.