Form 4: Newell Brands Director Judith Sprieser Reports Stock Transactions

Sentiment:

SEC Form 4


Judith Sprieser, a director at Newell Brands, reported the acquisition and disposal of common stock and restricted stock units on May 8th and 9th, 2024.

Summary

  • On May 8, 2024, Judith Sprieser, a director of Newell Brands, disposed of 18,285 shares of common stock and acquired 18,285 restricted stock units.
  • Also on May 8, 2024, she disposed of 30,534 shares of common stock.
  • On May 9, 2024, she acquired 19,441 restricted stock units.
  • Sprieser also holds 48,898.39 deferred RSU phantom stock units, which will convert to common stock after her service on the board ends.
  • This total includes 4,971.39 phantom stock units acquired through a dividend reinvestment feature, with 995.66 units acquired since the last report.

Sentiment

Score: 5

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

Future Outlook

The phantom stock units will settle on a one-for-one basis for shares of the Company's Common Stock after the end of the Reporting Person's service on the Company's Board.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.

Key Dates

DateDescription
05/08/2024Disposal of 18,285 shares of common stock and acquisition of 18,285 restricted stock units.
05/09/2024Acquisition of 19,441 restricted stock units.
05/10/2024Date of signature by Attorney In Fact for Judith Sprieser.

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