Form 4: Newell Brands Director Bridget Ryan Berman Reports Changes in Beneficial Ownership

Director Bridget Ryan Berman reports changes in beneficial ownership of Newell Brands stock, including the transfer of shares to a trust and the acquisition of restricted stock units.

Summary

• On May 8, 2024, Bridget Ryan Berman, a director of Newell Brands Inc., reported changes in her beneficial ownership of the company's stock.
• She transferred 18,285 shares of common stock, previously held directly, to a trust for which she is the trustee.
• She also reported indirect ownership of 40,200 shares held by a trust and 135 shares held by her spouse.
• Additionally, on May 9, 2024, she acquired 19,441 restricted stock units, each representing a contingent right to receive one share of Newell Brands Inc. common stock.
• These restricted stock units will vest in full upon the earlier of the first anniversary of the grant date or the Company's next annual meeting of its stockholders, provided she remains in continuous service on the Board of Directors.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted stock units will vest upon the earlier of the first anniversary of the grant date or the Company's next annual meeting of its stockholders, provided the Reporting Person remains in continuous service on the Company's Board of Directors.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by SEC regulations. It provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of a key company director.
• The vesting of restricted stock units incentivizes the director to remain in service and contribute to the company's success.

Key Dates