Reynolds (REYN) VP Mayrhofer reports new RSUs and stock from vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reynolds Consumer Products VP, Controller & CAO Chris Mayrhofer reported multiple equity compensation transactions dated February 1, 2026. He acquired 3,505 restricted stock units converted from 2025 performance share units that will vest on February 1, 2028, and a separate grant of 6,663 restricted stock units with time-based vesting.
Several restricted stock unit awards vested, delivering common shares, while the company withheld 458 shares at $23.71 and additional shares at $23.17 to cover tax obligations. Following these transactions, Mayrhofer directly owned 22,725 shares of Reynolds Consumer Products common stock in addition to his remaining restricted stock unit holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,195 shares exercised/converted
Mixed
14 txns
Insider
Mayrhofer Chris
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,505 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,663 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,202 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,312 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,337 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,344 | $0.00 | -- |
| Exercise | Common Stock | 1,202 | $0.00 | -- |
| Tax Withholding | Common Stock | 458 | $23.71 | $11K |
| Exercise | Common Stock | 6,312 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,290 | $23.17 | $53K |
| Exercise | Common Stock | 1,337 | $0.00 | -- |
| Tax Withholding | Common Stock | 462 | $23.17 | $11K |
| Exercise | Common Stock | 1,344 | $0.00 | -- |
| Tax Withholding | Common Stock | 497 | $23.17 | $12K |
Holdings After Transaction:
Restricted Stock Units — 3,505 shares (Direct);
Common Stock — 17,439 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. RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant. The RSUs vested on February 1, 2026. 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.
FAQ
What insider transactions did REYN executive Chris Mayrhofer report on February 1, 2026?
Chris Mayrhofer reported vesting and settlement of several restricted stock unit awards into Reynolds Consumer Products common stock, plus new restricted stock unit grants. Some of the shares delivered on vesting were withheld by the company to satisfy related tax withholding obligations at stated market prices.
How many new restricted stock units did Chris Mayrhofer receive in this REYN Form 4?
He received 3,505 restricted stock units earned from 2025 performance share units and an additional 6,663 restricted stock units with time-based vesting. The 3,505 units will vest on February 1, 2028, while the 6,663 units vest in three equal annual installments from the grant date.
What performance-based equity did REYN award to Chris Mayrhofer for fiscal 2025?
For fiscal 2025, Chris Mayrhofer earned 3,505 performance share units based on the company’s actual performance, which converted into restricted stock units. These units now carry a service-based vesting condition and are scheduled to vest in full on February 1, 2028, assuming continued employment.
How were taxes handled on Chris Mayrhofer’s REYN restricted stock unit vesting?
Reynolds Consumer Products withheld common shares to satisfy tax obligations arising from restricted stock unit vesting. The filing notes 458 shares withheld at $23.71 per share and additional shares withheld at $23.17 per share, reducing the net shares issued to the executive while covering required payroll taxes.
What is the vesting schedule for the new REYN restricted stock units granted to Chris Mayrhofer?
The 3,505 restricted stock units converted from performance share units will vest on February 1, 2028. The separate 6,663 restricted stock unit grant vests in three equal installments, with one-third vesting on each of the first three anniversaries of the date of grant, subject to continued employment.