Newell Brands (NWL) CEO logs large RSU vesting, new grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newell Brands President and CEO Christopher H. Peterson reported several equity compensation transactions involving company stock. On February 27, 2026, he exercised 3,448,274 restricted stock units that converted into common shares at a stated price of $0.00 per share, reflecting the vesting of performance-based awards. He also received a new grant of 1,098,901 restricted stock units, which represent contingent rights to receive common shares and vest over time, subject to continued employment. To cover tax obligations related to the vesting, 1,546,207 common shares were withheld at a price of $4.55 per share, resulting in direct ownership of 2,821,704 common shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,448,274 shares exercised/converted
Mixed
4 txns
Insider
Peterson Christopher H
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,448,274 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,098,901 | $0.00 | -- |
| Exercise | Common Stock | 3,448,274 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,546,207 | $4.55 | $7.04M |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 4,367,911 shares (Direct)
Footnotes (1)
- The withholding of shares to cover taxes on the vesting was calculated on the Company's closing stock price on February 27, 2026. Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock. The terms of the PRSUs provide for vesting on February 27, 2026, subject to continuous employment with the Company. N/A Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock. The TRSUs vest ratably, with one-third (1/3) vesting on February 27, 2027, one-third (1/3) vesting on February 15, 2028, and the remainder of shares vesting on February 15, 2029, subject to continuous employment with the Company.
FAQ
What insider transactions did Newell Brands (NWL) CEO Christopher Peterson report on February 27, 2026?
Christopher Peterson reported vesting of 3,448,274 restricted stock units, a new grant of 1,098,901 restricted stock units, and tax-share withholding of 1,546,207 common shares on February 27, 2026. These movements reflect equity compensation events rather than open-market buying or selling.
What restricted stock unit grants did the Newell Brands (NWL) CEO receive in this Form 4 filing?
The CEO received a grant of 1,098,901 restricted stock units, representing contingent rights to receive common shares. Existing performance-based units totaling 3,448,274 also vested and converted to common stock, illustrating both a new time-based award and settlement of prior equity incentives on February 27, 2026.
How do the Newell Brands (NWL) restricted stock units in this filing vest over time?
Performance-based restricted stock units vested on February 27, 2026, after meeting conditions tied to continuous employment. Newly granted time-based restricted stock units vest in tranches between February 27, 2027, and February 15, 2029, subject to the CEO remaining continuously employed by Newell Brands.