STOCK TITAN

Reynolds (REYN) CCO converts RSUs into shares and withholds stock for taxes

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

Rhea-AI Filing Summary

Reynolds Consumer Products Inc. Chief Commercial Officer Carlen Hooker reported routine equity compensation activity involving restricted stock units (RSUs). On June 1, 2026, he exercised RSUs covering a total of 18,788 shares of common stock, converting them into shares at a stated price of $0.00 per share.

To satisfy tax withholding obligations on the RSU vesting, a total of 7,991 shares of common stock were withheld by the company at a reference price of $21.67 per share, according to the filing footnotes. These F‑code transactions represent tax-withholding dispositions rather than open‑market sales. Following these transactions, Hooker continues to hold a direct common stock position as reflected in the filing’s post‑transaction share balances.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with share withholding for taxes; no open‑market trading.

The filing shows Carlen Hooker exercising restricted stock units (RSUs) into 18,788 shares of Reynolds Consumer Products common stock. RSUs are stock-based awards that convert into shares as they vest, here at a stated conversion price of $0.00.

To cover tax obligations on vesting, 7,991 shares were withheld at $21.67 per share. The F‑code entries are explicitly described as payment of tax liabilities, not discretionary open‑market sales. No Rule 10b5‑1 trading plan or remaining derivative positions are indicated in the excerpt.

This pattern—RSU conversion paired with tax withholding—is a standard, mechanistic form of executive compensation settlement and usually carries limited informational value about the insider’s view of the stock. The filing mainly updates Hooker’s equity holdings record.

Insider Hooker Carlen
Role Chief Commercial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 13,587 $0.00 --
Exercise Restricted Stock Units 5,201 $0.00 --
Exercise Common Stock 13,587 $0.00 --
Tax Withholding Common Stock 5,779 $21.67 $125K
Exercise Common Stock 5,201 $0.00 --
Tax Withholding Common Stock 2,212 $21.67 $48K
Holdings After Transaction: Restricted Stock Units — 27,174 shares (Direct, null); Common Stock — 13,587 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 Reynolds Consumer Products Inc. common stock. RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant. The RSUs do not have an expiration date.
RSU exercises 18,788 shares Total shares from RSU exercises (M-code) on June 1, 2026
Tax withholding shares 7,991 shares Shares withheld to satisfy tax obligations on June 1, 2026
Withholding price $21.67 per share Reference price for F-code tax-withholding dispositions
First F-code withholding 2,212 shares Common stock withheld for taxes in one transaction on June 1, 2026
Second F-code withholding 5,779 shares Additional common stock withheld for taxes on June 1, 2026
Single RSU exercise block 13,587 RSUs One M-code derivative RSU conversion into common stock
Post-transaction holding example 7,808 shares One reported total common stock balance following a transaction
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with underlying common stock"
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
"shares withheld by Reynolds Consumer Products Inc. to satisfy tax withholding obligations"
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.
vesting financial
"RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
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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*
Hooker Carlen

(Last)(First)(Middle)
C/O REYNOLDS CONSUMER PRODUCTS INC.
1900 W. 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 Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
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 Stock06/01/2026M13,587A$013,587D
Common Stock06/01/2026F5,779(1)D$21.677,808D
Common Stock06/01/2026M5,201A$013,009D
Common Stock06/01/2026F2,212(1)D$21.6710,797D
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)06/01/2026M13,587 (3) (4)Common Stock13,587$027,174D
Restricted Stock Units(2)06/01/2026M5,201 (3) (4)Common Stock5,201$010,401D
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 Reynolds Consumer Products Inc. common stock.
3. RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.
4. The RSUs do not have an expiration date.
Remarks:
/s/ Jill E. Barnett, Attorney-in-Fact06/02/2026
** 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

What insider transactions did REYN Chief Commercial Officer Carlen Hooker report?

Carlen Hooker reported RSU-related activity, exercising awards into 18,788 shares of Reynolds Consumer Products common stock. The filing also shows 7,991 shares withheld by the company to cover tax obligations arising from the vesting of these restricted stock units.

Did Carlen Hooker buy or sell REYN shares on the open market in this Form 4?

The Form 4 does not show any open-market purchases or sales. It reports RSU exercises (code M) and tax-withholding dispositions (code F), where shares were withheld by Reynolds Consumer Products to satisfy tax liabilities on vesting, not voluntarily traded in the market.

How many REYN shares were used to cover Carlen Hooker’s tax withholding?

A total of 7,991 shares of Reynolds Consumer Products common stock were withheld to satisfy tax withholding obligations. These F-code transactions occurred at a reference price of $21.67 per share and represent settlement of taxes rather than discretionary sales.

What do the RSU exercises reported by REYN’s Chief Commercial Officer represent?

The RSU exercises represent restricted stock units converting into 18,788 shares of Reynolds Consumer Products common stock. Each RSU carries a contingent right to receive one share, vesting in three equal annual installments from the grant date, as described in the filing’s footnotes.

How do REYN’s RSUs held by Carlen Hooker vest over time?

According to the footnotes, Reynolds Consumer Products’ RSUs for Carlen Hooker vest in three equal installments. One-third of the RSUs vest on each of the first three anniversaries of the grant date, providing a staggered schedule that links equity compensation to continued service.