Newell CAO exercises RSUs, 2,496 shares withheld
Newell Brands Chief Accounting Officer Robert Andrew Schmidt reported routine equity compensation activity involving restricted stock units and common stock.
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Rhea-AI Filing Summary
Newell Brands Chief Accounting Officer Robert Andrew Schmidt reported routine equity compensation activity involving restricted stock units and common stock. On May 31, 2026, he exercised restricted stock units into 7,286 shares of Newell Brands common stock at an effective value of $3.40 per share.
To cover related tax obligations on the vesting, 2,496 shares were withheld at $3.40 per share based on the company’s closing stock price on May 29, 2026, with the remaining shares added to his direct holdings, which are held jointly with his spouse. Following these transactions, Schmidt directly owned 21,713 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,286 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,286 | $3.40 | $25K |
| Exercise Price or Tax Liability | Common Stock | 2,496 | $3.40 | $8K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on May 29, 2026.
- F2. Direct ownership joint with spouse.
- F3. Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
- F4. The restricted stock unit vest 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
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
derivative exercise/conversion financial
closing stock price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Newell Brands (NWL) report for Robert Andrew Schmidt?
Were Robert Schmidt’s Newell Brands (NWL) transactions open-market trades?
How do Schmidt’s Newell Brands (NWL) restricted stock units vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.