Form 4: Newell Brands Director Anthony E. Terry Reports Stock Transactions

Director Anthony E. Terry reports the acquisition and disposal of Newell Brands Inc. stock and restricted stock units on May 8th and 9th, 2024.

Summary

• On May 8, 2024, Director Anthony E. Terry disposed of 6,849 shares of Newell Brands Inc. common stock.
• The transaction code 'M' indicates this disposal likely relates to the vesting of restricted stock units.
• Also on May 8, 2024, Terry disposed of 6,849 restricted stock units, with each unit representing a contingent right to receive one share of Newell Brands Inc. common stock.
• On May 9, 2024, Terry acquired 19,441 restricted stock units.
• These restricted stock units will vest upon the earlier of the first anniversary of the grant date or the Company's next annual meeting of stockholders, provided Terry remains in continuous service on the Board of Directors.

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider trading activity.

Future Outlook

The vesting of the restricted stock units is contingent upon Terry's continued service on the Board of Directors and will occur no later than the Company's next annual meeting of stockholders.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their company's stock. This allows investors to monitor insider activity, which can provide insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

• Shareholders can monitor insider transactions to gain insights into management's views on the company's stock.

Key Dates