Newell Brands officer reports RSU vesting, tax share cuts
Rhea-AI Filing Summary
NEWELL BRANDS INC. Chief Legal & Admin. Officer Bradford R. Turner reported equity award activity involving restricted stock units and common stock. On February 16 and 17, 2026, multiple time-based and performance-based restricted stock units were exercised or converted into shares of common stock at a stated price of $0.00 per share.
In connection with these vestings, several blocks of common stock were disposed of at prices of about $4.67 and $4.70 per share to cover tax liabilities, as indicated by tax-withholding code "F" and the footnotes referencing the company’s closing stock prices. After these transactions, Turner directly owned 564,449 shares of Newell Brands common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,071 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 46,066 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 64,919 | $0.00 | $0.00 |
| Exercise | Common Stock | 23,071 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,885 | $4.67 | $32K |
| Exercise | Common Stock | 46,066 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 13,747 | $4.67 | $64K |
| Exercise | Common Stock | 64,919 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 20,721 | $4.67 | $97K |
| Exercise | Restricted Stock Units | 39,385 | $0.00 | $0.00 |
| Exercise | Common Stock | 39,385 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,753 | $4.70 | $55K |
Footnotes (7)
- F1. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 13, 2026.
- F2. The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 17, 2026.
- F3. Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock.
- F4. 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.
- F5. N/A
- F6. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
- F7. The terms of the reporting person's PRSUs provide for vesting on February 17, 2026, subject to continuous employment with the Company.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Newell Brands (NWL) report for Bradford R. Turner?
Were Bradford R. Turner’s Newell Brands (NWL) transactions open-market buys or sells?
What are TRSUs and PRSUs in Newell Brands (NWL) insider filings?
AI-generated analysis. How Rhea-AI works. Not financial advice.