Form 4: Newell Brands CEO Christopher Peterson Reports Stock Transactions

Christopher H. Peterson, President & CEO of Newell Brands, reports the acquisition and disposal of common stock and restricted stock units on May 16, 2025.

Summary

• On May 16, 2025, Christopher H. Peterson, the President & CEO of Newell Brands, reported transactions involving the company's stock.
• Peterson acquired 72,619 shares of common stock through the vesting of restricted stock units.
• He also disposed of 32,563 shares to cover taxes at a price of $5.9 per share.
• Following these transactions, Peterson directly owns 558,072 shares of Newell Brands common stock.
• The reported transactions also involved restricted stock units, each representing a contingent right to receive one share of Newell Brands common stock, vesting ratably over three years from the grant date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock. It is standard practice for executives to receive and vest restricted stock units as part of their compensation packages.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive, but the overall effect is likely minimal.

Key Dates

Keywords

Newell Brands, Christopher Peterson, Stock Transactions, Form 4, SEC, Restricted Stock Units, Common Stock, Beneficial Ownership