STOCK TITAN

Reynolds Consumer (REYN) CLO exercises RSUs, uses shares for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Barnett Jill
Role Chief Legal Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 4,791 $0.00 --
Exercise Common Stock 4,791 $0.00 --
Tax Withholding Common Stock 2,035 $20.97 $43K
Exercise Restricted Stock Units 17,987 $0.00 --
Exercise Common Stock 17,987 $0.00 --
Tax Withholding Common Stock 7,520 $20.56 $155K
Holdings After Transaction: Restricted Stock Units — 9,582 shares (Direct, null); Common Stock — 15,258 shares (Direct, null)
Footnotes (1)
  1. Represents shares withheld by Reynolds Consumer Products Inc. to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Company's common stock. The RSUs vested on April 30, 2026. The RSUs do not have an expiration date. RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.
RSUs exercised April 30, 2026 17,987 units Restricted Stock Units converted into common stock on April 30, 2026
RSUs exercised May 1, 2026 4,791 units Restricted Stock Units converted into common stock on May 1, 2026
Shares withheld for tax (April 30) 7,520 shares at $20.56 Tax-withholding disposition of common stock on April 30, 2026
Shares withheld for tax (May 1) 2,035 shares at $20.97 Tax-withholding disposition of common stock on May 1, 2026
Total RSU exercises 22,778 shares transactionSummary exerciseShares across reported RSU conversions
Total tax-withholding shares 9,555 shares transactionSummary taxWithholdingShares delivered for taxes
Shares held after transactions 13,223 shares Total common stock directly owned following May 1, 2026 transaction
Restricted Stock Units financial
"Represents shares withheld by Reynolds Consumer Products Inc. to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs")."
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.
tax withholding obligations financial
"Represents shares withheld by Reynolds Consumer Products Inc. to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs")."
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's common stock."
vest financial
"RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Barnett Jill

(Last)(First)(Middle)
C/O REYNOLDS CONSUMER PRODUCTS INC.
1900 WEST FIELD COURT

(Street)
LAKE FOREST ILLINOIS 60045

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Reynolds Consumer Products Inc. [ REYN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026M17,987A$017,987D
Common Stock04/30/2026F7,520(1)D$20.5610,467D
Common Stock05/01/2026M4,791A$015,258D
Common Stock05/01/2026F2,035(1)D$20.9713,223D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)04/30/2026M17,987 (3) (4)Common Stock17,987$00D
Restricted Stock Units(2)05/01/2026M4,791 (5) (4)Common Stock4,791$09,582D
Explanation of Responses:
1. Represents shares withheld by Reynolds Consumer Products Inc. to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
2. Each RSU represents a contingent right to receive one share of the Company's common stock.
3. The RSUs vested on April 30, 2026.
4. The RSUs do not have an expiration date.
5. RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.
Remarks:
/s/ Jill E. Barnett05/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

How many Reynolds (REYN) RSUs did Jill Barnett have vest in this Form 4?

RSU awards covering 17,987 units and 4,791 units vested and were exercised into common stock. Each restricted stock unit represents a contingent right to receive one share of Reynolds Consumer Products common stock when it vests.

How many REYN shares were withheld for Jill Barnett’s tax obligations?

The company withheld 7,520 shares at $20.56 and 2,035 shares at $20.97 to satisfy tax withholding obligations. These “F” code transactions are not open‑market sales but share withholdings to cover tax liabilities on RSU vesting.

What does Jill Barnett’s post-transaction REYN share ownership look like?

After the reported transactions, Jill Barnett directly holds 13,223 shares of Reynolds Consumer Products common stock. This reflects shares acquired from RSU conversions net of those withheld by the company for tax obligations tied to the vesting events.

Were Jill Barnett’s REYN transactions open-market purchases or sales?

The filing shows no open‑market purchases or sales. Reported entries are RSU exercises (code M) converting into common stock and tax-withholding dispositions (code F), where shares were delivered to Reynolds to cover tax liabilities on vested awards.

How do REYN restricted stock units work for Jill Barnett in this filing?

Each RSU represents a contingent right to receive one REYN common share. The footnotes state RSUs vest in three equal annual installments from the grant date, do not have an expiration date, and convert into common stock when they vest.