4/A: Newell Brands Director Judith Sprieser Reports Changes in Beneficial Ownership

Judith Sprieser, a director at Newell Brands, filed an amended report detailing changes in her beneficial ownership of company stock, including the acquisition and disposal of shares and restricted stock units.

Summary

• On May 8, 2024, Judith Sprieser, a director of Newell Brands Inc., engaged in transactions involving the company's common stock and restricted stock units (RSUs).
• She acquired 18,285 shares of common stock upon the vesting of restricted stock units, and disposed of 30,534 shares.
• On May 9, 2024, she acquired 19,441 restricted stock units.
• Sprieser also holds deferred RSU phantom stock, with a total of 48,898.39 units, including units acquired through dividend reinvestment.
• These phantom stock units will convert to shares of Newell Brands' common stock on a one-for-one basis after the end of her service on the Board of Directors.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard regulatory filing reporting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of restricted stock units demonstrates a continued alignment of the director's interests with those of the shareholders.

Negatives

• The disposal of 30,534 shares could be interpreted negatively, although it may be part of a pre-planned diversification strategy.

Risks

• Changes in director's holdings can sometimes create uncertainty in the market, although this filing appears to be routine.

Future Outlook

The reporting person's phantom stock units will convert to shares of the Company's Common Stock on a one-for-one basis after the end of the Reporting Person's service on the Company's Board, in accordance with the 2008 Deferred Compensation Plan.

Industry Context

Director stock transactions are a common occurrence and are closely watched by investors for signals about a company's prospects; this filing is a routine disclosure.

Comparison to Industry Standards

• Director stock ownership and trading activity is a standard metric tracked across publicly traded companies.
• Comparing Sprieser's holdings and transactions to those of directors at peer companies like Stanley Black & Decker or Whirlpool could provide additional context.
• Similar filings (Form 4s) for directors at comparable companies are readily available on the SEC's website (EDGAR).

Stakeholder Impact

• Shareholders may be interested in the director's stock transactions as an indicator of confidence in the company.
• The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates