Reynolds (REYN) director reports 159,506-share purchases, indirect holdings rise

Rhea-AI Filing Summary

Reynolds Consumer Products Inc. (REYN) Form 4 reports that director Duncan Hawkesby, through Hawkesby Management Limited (indirectly wholly owned by him and his wife, where he is Managing Director), acquired a total of 159,506 shares on 08/26/2025 via four purchase transactions at prices of $22.90, $23.00, $23.10 and $23.15. The reported purchases increased the indirect beneficial ownership to 334,092.0764 shares following the transactions. The shares were purchased by a broker for Hawkesby Management Limited and the Form 4 was signed by an attorney-in-fact on 08/27/2025. The filing lists only indirect ownership and does not disclose any derivative transactions.

Positive

• Significant insider purchases: Director acquired a total of 159,506 shares on 08/26/2025, indicating insider commitment.
• Clear attribution: Shares were purchased for Hawkesby Management Limited and the filing explains the indirect ownership structure.
• No derivatives reported: Table II contains no derivative securities, simplifying the ownership picture.

Negative

• Indirect, not direct, ownership: All reported shares are held indirectly through a family-owned entity rather than directly by the reporting person.
• Limited context on materiality: The filing does not state total company share count or percentage ownership, so the stake’s relative size versus outstanding shares is not disclosed.

Insights

Financial Analyst

TL;DR: Director purchases ~159.5k REYN shares (~$3.67M), raising indirect stake to 334,092 shares—a meaningful insider buy signal.

The reported four purchases on 08/26/2025 total 159,506 common shares acquired at prices between $22.90 and $23.15. Aggregating the reported trade prices yields an approximate cash outlay of $3.67 million (calculated from the reported quantities and prices). These shares were bought by a broker for Hawkesby Management Limited, an entity indirectly owned by the reporting person and spouse, increasing indirect beneficial ownership to 334,092.0764 shares. For investors, director purchases can indicate confidence in the company, but the filing shows the shares are held indirectly through a family-owned vehicle rather than as direct holdings.

Corporate Governance Expert

TL;DR: Insider acquisition through a wholly owned family vehicle increases indirect holdings; governance disclosure appears complete.

The Form 4 discloses the reporting person’s relationship to the issuer as a director and explains that the shares were purchased for Hawkesby Management Limited, indirectly wholly owned by the reporting person and spouse, where the reporting person is Managing Director. The form is signed by an attorney-in-fact and lists no derivative positions. This is a routine, properly documented Section 16 filing showing an increase in indirect beneficial ownership; it does not reveal direct personal holdings or any plan-based transactions. The filing contains clear attribution and explanation of the indirect ownership vehicle.

SEC Form 4

FORM 4

UNITED 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^*

Hawkesby Duncan

(Last) (First) (Middle)

C/O REYNOLDS CONSUMER PRODUCTS INC.

1900 W. FIELD COURT

(Street)

LAKE FOREST IL 60045

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Reynolds Consumer Products Inc. [ REYN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		P		67,685	A	$22.9	242,271.0764	I	Indirect(1)
Common Stock	08/26/2025		P		43,479	A	$23	285,750.0764	I	Indirect(1)
Common Stock	08/26/2025		P		32,467	A	$23.1	318,217.0764	I	Indirect(1)
Common Stock	08/26/2025		P		15,875	A	$23.15	334,092.0764	I	Indirect(1)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Jill E. Barnett, Attorney-in-Fact	08/27/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transactions did REYN director Duncan Hawkesby report on Form 4?

Answer: He reported four purchases totaling 159,506 common shares on 08/26/2025 at prices $22.90, $23.00, $23.10 and $23.15.

How many REYN shares does Duncan Hawkesby beneficially own after the reported transactions?

Answer: The filing reports 334,092.0764 shares beneficially owned indirectly following the transactions.

Were the shares purchased directly by Duncan Hawkesby?

Answer: No. The shares were purchased by a broker for Hawkesby Management Limited, an entity indirectly wholly owned by the reporting person and his wife.

What was the approximate cash value of the purchases reported on the Form 4?

Answer: Based on reported quantities and prices, the combined cash outlay is approximately $3.67 million.

Did the Form 4 report any derivative securities for REYN?

Answer: No. Table II shows no derivative securities; only non-derivative common stock purchases are reported.