Reynolds Consumer Products (REYN) COO details RSU and PSU vesting
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Reynolds Consumer Products Inc. officer Christie James Justin, Chief Operations Officer, filed an initial statement of beneficial ownership. The filing lists 1,010 restricted stock units that vest 337 on February 1, 2026 and 336 on February 1, 2027. It also shows 2,060 restricted stock units vesting 687 on February 1, 2026, 687 on February 1, 2027 and 686 on February 1, 2028. In addition, Justin earned 1,899 performance share units for fiscal year 2024 performance, which have converted to restricted stock units scheduled to vest on February 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Christie James Justin
Role
Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,010 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs"), which vest as follows: 337 on 2/1/2026 and 336 on 2/1/2027. Each RSU represents a contingent right to receive on share of Reynolds Consumer Products Inc. common stock. RSUs vest as follows: 687 on 2/1/2026; 687 on 2/1/2027; and 686 on 2/1/2028. Represents Performance Share Units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period consisting of fiscal year 2024. The reporting person earned 1,899 PSUs, which are now equivalent of RSUs with a service-based vesting condition and will vest on February 1, 2027.
FAQ
What does the Reynolds Consumer Products (REYN) Form 3 filing show for Christie James Justin?
The Form 3 shows Chief Operations Officer Christie James Justin’s initial equity holdings, including multiple grants of restricted stock units and performance share units in Reynolds Consumer Products Inc., along with detailed vesting schedules extending from February 2026 through February 2028.
How many restricted stock units does the Reynolds (REYN) COO report owning?
Christie James Justin reports beneficial ownership of 1,010 restricted stock units in one grant and 2,060 restricted stock units in another. These units convert into an equal number of Reynolds Consumer Products common shares as they vest on specified future dates.
What are the vesting dates for the 1,010 RSUs reported by the Reynolds (REYN) COO?
Of the 1,010 restricted stock units, 337 are scheduled to vest on February 1, 2026 and 336 on February 1, 2027. Each vested unit represents the right to receive one share of Reynolds Consumer Products common stock at settlement.
How do the 2,060 RSUs in the Reynolds (REYN) Form 3 vest over time?
The 2,060 restricted stock units vest in three equal-style tranches: 687 units on February 1, 2026, another 687 units on February 1, 2027, and the remaining 686 units on February 1, 2028, subject to the applicable service-based conditions.