Newell Brands officer awarded 64,919 PRSUs
Newell Brands reported that its Chief Legal & Admin.
Rhea-AI Filing Summary
Newell Brands reported that its Chief Legal & Admin. Officer, Bradford R. Turner, received an award of 64,919 performance-based restricted stock units (PRSUs) on 02/09/2026. Each PRSU represents the right to receive one share of Newell’s common stock.
The award stems from the Compensation and Human Capital Committee certifying partial achievement of pre-established performance metrics tied to PRSUs originally granted on February 17, 2023. These PRSUs were structured to vest on February 17, 2026, conditioned on Mr. Turner’s continuous employment with the company through that date.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 64,919 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
- F2. 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.
- 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 Bradford R. Turner?
How many Newell Brands (NWL) restricted stock units were granted to Bradford R. Turner?
What triggers vesting of Bradford R. Turner’s Newell Brands (NWL) PRSUs?
What performance period is associated with the Newell Brands (NWL) PRSUs granted to Bradford R. Turner?
What does each Newell Brands (NWL) performance-based restricted stock unit represent?
What role does the Compensation and Human Capital Committee play in Newell Brands (NWL) PRSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.