Insider Buying: REYN Director Increases Indirect Holdings to 174,586 Shares
Rhea-AI Filing Summary
Hawkesby Duncan, a director of Reynolds Consumer Products Inc. (REYN), reported purchases of the issuer's common stock on August 20 and August 21, 2025. The filing shows an aggregate purchase on 08/20/2025 of 4,317.0764 shares in multiple transactions at a weighted average price of $23.1627 (range $23.16–$23.19) and on 08/21/2025 of 67,269 shares in multiple transactions at a weighted average price of $23.04 (range $23.00–$23.1006). After these transactions the reporting person beneficially owns 174,586.0764 shares indirectly through Hawkesby Management Limited, which is wholly owned by the reporting person and his wife. The Form 4 was signed by an attorney-in-fact on 08/22/2025.
Positive
- Director executed open-market purchases totaling 71,586.0764 shares, increasing insider ownership
- Disclosure includes weighted average prices and price ranges, improving transparency (08/20 weighted $23.1627; 08/21 weighted $23.04)
- Indirect ownership held through Hawkesby Management Limited is explicitly disclosed and identified as wholly owned by the reporting person and spouse
Negative
- None.
Insights
TL;DR Insider purchases totaling 71,586.0764 shares were executed at ~ $23.10, increasing indirect beneficial ownership to 174,586.0764 shares.
The filing documents meaningful open-market purchases executed across two days with disclosed weighted average prices and price ranges, resulting in an increase in indirect ownership through a family-controlled entity. For investors, the most relevant metrics are the share counts and weighted average prices: 4,317.0764 shares at $23.1627 and 67,269 shares at $23.04, with total indirect holdings of 174,586.0764 shares after the reported buys. The disclosure is specific and actionable for monitoring insider activity but contains no performance, revenue, or forward-looking statements.
TL;DR A director increased indirect holdings via a wholly owned family entity; transactions were properly disclosed on Form 4.
The filing indicates purchases were made by a broker for Hawkesby Management Limited, an entity indirectly wholly owned by the reporting person and spouse, and identifies the reporting person as Managing Director of that entity. The Form 4 includes explanation of price ranges and offers to provide transaction-level detail to the SEC on request. The form appears complete with a dated signature by an attorney-in-fact, fulfilling Section 16 reporting requirements; no amendments or additional governance issues are disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 67,269 | $23.04 | $1.55M |
| Purchase | Common Stock | 4,317.076 | $23.1627 | $100K |
Footnotes (1)
- Represents the purchase of 4,317.0764 shares in multiple transactions, ranging in price from $23.16 to $23.19, resulting in a weighted average purchase price of $23.1627. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each price within the range. The reported shares were purchased by a broker for Hawkesby Management Limited, which is indirectly wholly owned by the reporting person and his wife, of which the reporting person is the Managing Director. Represents the purchase of 67,269 shares in multiple transactions, ranging in price from $23.00 to $23.1006, resulting in a weighted average purchase price of $23.0400. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each price within the range.