Form 4: Newell Brands CEO Christopher Peterson Reports Stock Transactions
SEC Form 4 Filing
Christopher H. Peterson, President & CEO of Newell Brands, reports the acquisition and disposal of common stock and restricted stock units related to vesting, as per a Form 4 filing.
Summary
- On February 16, 2025, Christopher H. Peterson, President & CEO of Newell Brands, reported transactions involving Newell Brands common stock and restricted stock units.
- These transactions included the acquisition of 162,972 shares of common stock through the vesting of restricted stock units and the disposal of 51,862 shares to cover taxes at a price of $7.055 per share.
- On February 17, 2025, Peterson acquired 41,247 shares through vesting and disposed of 18,496 shares for taxes at $7.055 per share.
- On February 18, 2025, Peterson acquired 24,651 shares through vesting and disposed of 11,054 shares for taxes at $6.87 per share.
- Following these transactions, Peterson directly owns 515,575 shares of Newell Brands common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Acquisition of 162,972 shares of common stock through vesting of restricted stock units; disposal of 51,862 shares for tax withholding at $7.055. |
| 02/17/2025 | Acquisition of 41,247 shares of common stock through vesting of restricted stock units; disposal of 18,496 shares for tax withholding at $7.055. |
| 02/18/2025 | Acquisition of 24,651 shares of common stock through vesting of restricted stock units; disposal of 11,054 shares for tax withholding at $6.87. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Newell Brands, Christopher Peterson, Stock Transactions, Form 4, Restricted Stock Units, Common Stock, Vesting, Tax Withholding
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