Form 4: Newell Brands Director Patrick D. Campbell Sells 50,000 Shares

Sentiment:

SEC Filing


Director Patrick D. Campbell of Newell Brands Inc. sold 50,000 shares of common stock on May 10, 2024, at an average price of $8.04 per share.

Summary

  • On May 10, 2024, Patrick D. Campbell, a director of Newell Brands Inc., sold 50,000 shares of the company's common stock.
  • The sale was executed at a weighted average price of $8.04 per share, with individual transactions ranging from $8.04 to $8.06.
  • Following the transaction, Campbell directly owns 18,477 shares of Newell Brands Inc.
  • The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Insider sales are common and can be for various reasons, including personal financial planning. It's important to consider the context of the sale, such as the overall trading activity of insiders and the company's performance.

Stakeholder Impact

  • The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates

DateDescription
05/10/2024Date of stock sale transaction.
05/14/2024Date of Form 4 filing.

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