Reynolds (NASDAQ: REYN) COO reports new RSU grants and share settlements
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reynolds Consumer Products Inc. Chief Operations Officer Christie James Justin reported multiple equity transactions on February 1, 2026. The filing shows the acquisition of 1,792 restricted stock units converted from earlier performance share units that will vest on February 1, 2028.
Justin also received 5,179 new restricted stock units that vest in three equal annual installments beginning February 1, 2027. In addition, 337 and 687 restricted stock units were settled into common shares, with 100 and 220 shares withheld at $23.17 per share to cover tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,024 shares exercised/converted
Mixed
8 txns
Insider
Christie James Justin
Role
Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,792 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5,179 | $0.00 | -- |
| Exercise | Restricted Stock Units | 337 | $0.00 | -- |
| Exercise | Restricted Stock Units | 687 | $0.00 | -- |
| Exercise | Common Stock | 337 | $0.00 | -- |
| Tax Withholding | Common Stock | 100 | $23.17 | $2K |
| Exercise | Common Stock | 687 | $0.00 | -- |
| Tax Withholding | Common Stock | 220 | $23.17 | $5K |
Holdings After Transaction:
Restricted Stock Units — 1,792 shares (Direct);
Common Stock — 337 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock. Represents shares withheld by Reynolds Consumer Products Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs"). On February 1, 2025, the reporting person was granted 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 2025. As determined on February 1, 2026, based on the Company's actual performance for 2025, the reporting person earned these PSUs, which are now the equivalent of RSUs with a service-based vesting condition and will vest on February 1, 2028. The RSUs vest on February 1, 2028. The RSUs do not have an expiration date. The RSUs vest in three equal annual installments beginning on February 1, 2027, subject to the continued employment of the reporting person through each such vesting date. The RSUs vest in three annual installments beginning on February 1, 2025, subject to the continued employment of the reporting person through each such vesting date. The RSUs vest in three annual installments beginning on February 1, 2026, subject to the continued employment of the reporting person through each such vesting date.