Reynolds Consumer Products (REYN) president granted RSUs and withholds shares

Rhea-AI Filing Summary

Reynolds Consumer Products Inc. officer Judith K. Buckner, President of Reynolds Cook&Bake, reported multiple equity award transactions dated February 1, 2026. She acquired 13,636 restricted stock units (RSUs) earned from 2025 performance share units that will vest on February 1, 2028, and 19,922 RSUs that vest in three equal annual installments beginning February 1, 2027.

Several RSU awards were exercised into common stock, and the company withheld shares at $23.17 per share to satisfy tax obligations upon vesting. After these transactions, Buckner directly owned 45,050 shares of common stock and continued to hold RSUs, including the newly earned 2025 performance-based units and additional service-based awards.

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^*

Buckner Judith K.

(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, Reynolds Cook&Bake

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		3,964	A	(1)	28,029	D
Common Stock	02/01/2026		F		1,729(2)	D	$23.17	26,300	D
Common Stock	02/01/2026		M		20,142	A	(1)	46,442	D
Common Stock	02/01/2026		F		7,076(2)	D	$23.17	39,366	D
Common Stock	02/01/2026		M		4,544	A	(1)	43,910	D
Common Stock	02/01/2026		F		1,885(2)	D	$23.17	42,025	D
Common Stock	02/01/2026		M		5,225	A	(1)	47,250	D
Common Stock	02/01/2026		F		2,200(2)	D	$23.17	45,050	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		13,636(3)		(4)	(5)	Common Stock	13,636	$0	13,636	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			3,964	(7)	(5)	Common Stock	3,964	$0	0	D
Restricted Stock Units	(1)	02/01/2026		M			20,142	(7)	(5)	Common Stock	20,142	$0	0	D
Restricted Stock Units	(1)	02/01/2026		M			4,544	(8)	(5)	Common Stock	4,544	$0	4,543	D
Restricted Stock Units	(1)	02/01/2026		M			5,225	(9)	(5)	Common Stock	5,225	$0	10,449	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. 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.
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FAQ

Who is the insider reporting this Form 4 for Reynolds Consumer Products (REYN)?

The reporting insider is Judith K. Buckner, who serves as President of Reynolds Cook&Bake at Reynolds Consumer Products Inc. She filed a Form 4 detailing equity award activity in company stock and restricted stock units as of February 1, 2026, all held directly.

What new restricted stock units did Judith Buckner receive at Reynolds (REYN)?

Judith Buckner received 13,636 and 19,922 new RSUs. The 13,636 units were earned from 2025 performance share units and vest on February 1, 2028. The 19,922 units vest in three equal annual installments starting February 1, 2027, subject to continued employment.

How many Reynolds (REYN) common shares did Judith Buckner own after these transactions?

After the reported transactions, Judith Buckner directly owned 45,050 common shares of Reynolds Consumer Products Inc. This figure reflects multiple RSU conversions to common stock and related tax-withholding share reductions, all dated February 1, 2026, as disclosed in the Form 4 tables.

Why were some Reynolds (REYN) shares withheld in Judith Buckner’s Form 4?

Certain shares were withheld to cover tax obligations arising from RSU vesting. The filing states that Reynolds Consumer Products Inc. withheld shares, at a price of $23.17 per share, to satisfy required tax withholding when Buckner’s restricted stock units vested on February 1, 2026.

What are the vesting terms of Judith Buckner’s 2025 performance-based RSUs at Reynolds (REYN)?

The 13,636 RSUs earned from 2025 performance share units vest on February 1, 2028. These units were granted based on the company’s actual 2025 performance and now function as service-based RSUs, requiring continued employment through that vesting date.

What other RSU awards does Judith Buckner hold at Reynolds (REYN) after this filing?

Buckner continues to hold several RSU awards, including 19,922 units vesting in three annual installments beginning February 1, 2027, and additional RSUs that vest in three annual installments beginning February 1, 2025 and February 1, 2026, according to the detailed derivative securities table and footnotes.