Form 4: Newell Brands Director Patrick D. Campbell Reports Acquisition of Restricted Stock Units

Director Patrick D. Campbell reports acquisition of restricted stock units and deferral into phantom stock units under the company's deferred compensation plan.

Summary

• On May 8, 2025, Patrick D. Campbell, a director of Newell Brands Inc., acquired 30,418 restricted stock units (RSUs).
• These RSUs will vest on the earlier of the first anniversary of the grant date or the company's next annual meeting of stockholders, provided Campbell remains on the Board of Directors.
• Campbell elected to defer settlement of these RSUs, converting them into an equal number of phantom stock units under the 2008 Deferred Compensation Plan (DCP).
• The phantom stock units will be settled on a one-for-one basis for shares of Newell Brands' common stock after Campbell's service on the Board ends.
• Campbell also holds 85,830.12 phantom stock units, including 8,295.21 units acquired through dividend reinvestment in the DCP, with 2,338.61 units acquired since the last report.
• The report includes 77,535 RSUs granted between 2018 and 2024 that vested and were converted to phantom stock units under the DCP.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of stock units suggests confidence, but it's a routine transaction.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.
• Participation in the dividend reinvestment program demonstrates a long-term commitment to the company.

Future Outlook

The phantom stock units will be settled for shares of Newell Brands' common stock after the end of the Reporting Person's service on the Company's Board.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.
• The director's investment aligns their interests with those of the shareholders.

Key Dates

Keywords

Newell Brands, Director, Patrick D. Campbell, Restricted Stock Units, Phantom Stock Units, Deferred Compensation Plan, Dividend Reinvestment, Form 4, Beneficial Ownership