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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,998 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 19,922 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,775 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,182 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,260 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,980 | $0.00 | -- |
| Exercise | Common Stock | 3,775 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,351 | $23.71 | $32K |
| Exercise | Common Stock | 19,182 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,236 | $23.17 | $121K |
| Exercise | Common Stock | 4,260 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,467 | $23.17 | $34K |
| Exercise | Common Stock | 4,980 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,734 | $23.17 | $40K |
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. 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. 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.
