Reynolds CLO exercises RSUs, covers taxes in shares
Reynolds Consumer Products Inc. Chief Legal Officer Jill Barnett reported compensation-related equity transactions involving restricted stock units (RSUs) that converted into common stock, along with share withholding to cover taxes.
Rhea-AI Filing Summary
Reynolds Consumer Products Inc. Chief Legal Officer Jill Barnett reported compensation-related equity transactions involving restricted stock units (RSUs) that converted into common stock, along with share withholding to cover taxes.
On April 30 and May 1, 2026, RSU awards for 17,987 and 4,791 units, respectively, were exercised into common stock at a conversion price of $0.00 per share. To satisfy tax withholding obligations on these vestings, the company withheld 7,520 shares at $20.56 and 2,035 shares at $20.97, as described in the footnotes. Following these transactions, Barnett directly holds 13,223 shares of common stock. The filing describes routine equity compensation vesting and related tax withholding rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,791 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,791 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,035 | $20.97 | $43K |
| Exercise | Restricted Stock Units | 17,987 | $0.00 | $0.00 |
| Exercise | Common Stock | 17,987 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,520 | $20.56 | $155K |
Footnotes (5)
- F1. Represents shares withheld by Reynolds Consumer Products Inc. to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
- F2. Each RSU represents a contingent right to receive one share of the Company's common stock.
- F3. The RSUs vested on April 30, 2026.
- F4. The RSUs do not have an expiration date.
- F5. RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
derivative security financial
contingent right financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did REYN Chief Legal Officer Jill Barnett report?
How many Reynolds (REYN) RSUs did Jill Barnett have vest in this Form 4?
Were Jill Barnett’s REYN transactions open-market purchases or sales?
How do REYN restricted stock units work for Jill Barnett in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.