Reynolds (REYN) executive logs new RSU grants and share vesting

Rhea-AI Filing Summary

Reynolds Consumer Products Inc. President, Hefty Waste&Storage, Lisa M. Smith reported multiple equity compensation transactions dated February 1, 2026. She received 12,998 restricted stock units (RSUs) earned from prior performance share units tied to fiscal 2025 results, which will vest on February 1, 2028. She was also granted 19,922 RSUs that vest in three equal annual installments beginning on February 1, 2027, subject to continued employment.

Several existing RSU awards were converted to common stock (transaction code M), increasing her direct common share holdings, while 1,351, 5,236, 1,467 and 1,734 shares of common stock were withheld (transaction code F) at prices of $23.71 and $23.17 to cover tax obligations on vesting. Following these transactions, Smith directly owns 45,335 shares of Reynolds common stock, along with multiple RSU awards scheduled to vest over time.

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

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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^*

Smith Lisa M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Hefty Waste&Storage

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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	02/01/2026		M		3,775	A	(1)	26,701	D
Common Stock	02/01/2026		F		1,351(2)	D	$23.71	25,350	D
Common Stock	02/01/2026		M		19,182	A	(1)	44,532	D
Common Stock	02/01/2026		F		5,236(2)	D	$23.17	39,296	D
Common Stock	02/01/2026		M		4,260	A	(1)	43,556	D
Common Stock	02/01/2026		F		1,467(2)	D	$23.17	42,089	D
Common Stock	02/01/2026		M		4,980	A	(1)	47,069	D
Common Stock	02/01/2026		F		1,734(2)	D	$23.17	45,335	D

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
Restricted Stock Units	(1)	02/01/2026		A		12,998(3)		(4)	(5)	Common Stock	12,998	$0	12,998	D
Restricted Stock Units	(1)	02/01/2026		A		19,922		(6)	(5)	Common Stock	19,922	$0	19,922	D
Restricted Stock Units	(1)	02/01/2026		M			3,775	(7)	(5)	Common Stock	3,775	$0	0	D
Restricted Stock Units	(1)	02/01/2026		M			19,182	(7)	(5)	Common Stock	19,182	$0	0	D
Restricted Stock Units	(1)	02/01/2026		M			4,260	(8)	(5)	Common Stock	4,260	$0	4,259	D
Restricted Stock Units	(1)	02/01/2026		M			4,980	(9)	(5)	Common Stock	4,980	$0	9,960	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.

2. Represents shares withheld by Reynolds Consumer Products Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").

3. 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.

4. The RSUs vest on February 1, 2028.

5. The RSUs do not have an expiration date.

6. The RSUs vest in three equal annual installments beginning on February 1, 2027, subject to the continued employment of the reporting person through each such vesting date.

7. The RSUs vested on February 1, 2026.

8. 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.

9. 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.

Remarks:

	/s/ Jill E. Barnett, Attorney-in-Fact	02/03/2026
	** 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).
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FAQ

What insider transactions did Lisa M. Smith report for Reynolds Consumer Products (REYN)?

Lisa M. Smith reported RSU grants, RSU conversions, and tax-share withholdings on February 1, 2026. She received new restricted stock units and had several existing RSUs convert into common stock, with some shares withheld to satisfy tax obligations tied to those vestings.

How many new restricted stock units did the REYN executive receive in this Form 4?

Lisa M. Smith received 12,998 RSUs earned from prior performance share units and an additional 19,922 RSUs. The 12,998 units vest on February 1, 2028, while the 19,922 units vest in three equal annual installments starting February 1, 2027, subject to continued employment.

When do Lisa M. Smith’s new RSU awards at Reynolds Consumer Products vest?

The 12,998 RSUs converted from performance share units vest on February 1, 2028. The separate 19,922 RSU grant vests in three equal annual installments beginning on February 1, 2027, provided Lisa M. Smith remains employed through each scheduled vesting date.

Why were some Reynolds (REYN) shares withheld in Lisa M. Smith’s Form 4 filing?

Reynolds Consumer Products withheld 1,351, 5,236, 1,467 and 1,734 shares of common stock from Lisa M. Smith. The company used these withheld shares to satisfy tax withholding obligations arising from the vesting of her restricted stock units on February 1, 2026.

How many Reynolds common shares does Lisa M. Smith own after the reported transactions?

After the February 1, 2026 transactions, Lisa M. Smith directly owns 45,335 shares of Reynolds Consumer Products common stock. This figure reflects RSUs that converted into common shares and shares withheld to cover tax obligations linked to those RSU vestings.

What is the role of performance share units in Lisa M. Smith’s REYN equity compensation?

On February 1, 2025, she received performance share units tied to fiscal 2025 performance. Based on 2025 results, these units were earned and, as of February 1, 2026, converted into 12,998 RSUs, which now have a service-based vesting condition ending February 1, 2028.