Marla Gottschalk of Reynolds (NASDAQ: REYN) converts 6,568 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reynolds Consumer Products Inc. director Marla C. Gottschalk exercised restricted stock units that vested and converted them into common shares. She acquired 6,568 shares of common stock from RSUs on April 23, 2026, at an exercise price of $0.00 per share. Following the transaction, she directly owns 29,917 shares of Reynolds Consumer Products common stock. No open-market purchases or sales were reported in this filing; the activity reflects equity compensation vesting and conversion.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,568 shares exercised/converted
Mixed
2 txns
Insider
GOTTSCHALK MARLA C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,568 | $0.00 | -- |
| Exercise | Common Stock | 6,568 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 29,917 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock. The RSUs vested on April 23, 2026. The RSUs do not have an expiration date.
Key Figures
RSUs exercised: 6,568 shares
Exercise price: $0.00 per share
Post-transaction holdings: 29,917 shares
+1 more
4 metrics
RSUs exercised
6,568 shares
Restricted stock units converted into common stock on April 23, 2026
Exercise price
$0.00 per share
Conversion of RSUs into Reynolds Consumer Products common stock
Post-transaction holdings
29,917 shares
Common stock directly owned by Marla C. Gottschalk after RSU conversion
Derivative position remaining
0 RSUs
Restricted stock units balance following the reported exercise
Key Terms
Restricted Stock Units, RSU, derivative security
3 terms
Restricted Stock Units financial
"The RSUs vested on April 23, 2026."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did REYN director Marla Gottschalk report on this Form 4?
Director Marla C. Gottschalk reported exercising restricted stock units into common shares. She converted 6,568 RSUs into 6,568 shares of Reynolds Consumer Products common stock as part of her equity compensation, rather than buying or selling shares on the open market.
Were the RSUs for Reynolds Consumer Products (REYN) part of a vesting event?
Yes. The restricted stock units vested on April 23, 2026, triggering their conversion into common shares. Each RSU represented a contingent right to receive one share of Reynolds Consumer Products common stock once vesting conditions were satisfied.
What was the exercise price for the RSUs converted by the REYN director?
The restricted stock units were converted into common shares at an exercise price of $0.00 per share. This reflects the typical structure of RSUs, which generally convert into stock upon vesting without requiring the holder to pay a cash exercise price.