Form 4: Newell Brands Director Stahl Receives and Defers Stock Units

Sentiment:

SEC Form 4 Filing


Director Stephanie Stahl received restricted stock units from Newell Brands and elected to defer settlement, converting them into phantom stock units.

Summary

  • Stephanie Stahl, a director at Newell Brands Inc., received 30,418 restricted stock units (RSUs) on May 8, 2025.
  • These RSUs will vest either on the first anniversary of the grant date or at the next annual meeting of stockholders, provided Stahl remains on the Board.
  • Stahl elected to defer settlement of these RSUs, converting them into an equal number of phantom stock units under the 2008 Deferred Compensation Plan (DCP).
  • Additionally, 19,441 RSUs granted in 2024, which had vested, were also converted to phantom stock units under the DCP.
  • The phantom stock units will be settled on a one-for-one basis for shares of Newell Brands' common stock after Stahl's service on the Board ends.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of director compensation, which is neither particularly positive nor negative. The sentiment is neutral.

Future Outlook

The phantom stock units will be settled on a one-for-one basis for shares of Newell Brands' common stock after Stahl's service on the Board ends.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, which is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

  • Stock-based compensation for directors is a common practice among publicly traded companies, including Newell Brands' competitors such as Procter & Gamble (PG), Unilever (UL), and 3M (MMM).
  • The specific amount and vesting schedule of the RSUs are likely determined by Newell Brands' compensation policies, which are designed to attract and retain qualified directors.
  • Deferred compensation plans, like the 2008 DCP, are also common, allowing directors to defer income and potentially reduce their tax burden while aligning their long-term interests with the company's performance.

Stakeholder Impact

  • The granting of stock units aligns the director's interests with those of shareholders, as the value of the units is tied to the company's stock performance.

Key Dates

DateDescription
202419,441 RSUs granted to Stahl under the Newell Brands Inc. 2022 Incentive Plan.
05/08/2025Stahl received 30,418 restricted stock units.
05/12/2025Date of the Form 4 filing.

Keywords

Newell Brands, Director, Stephanie Stahl, Restricted Stock Units, Phantom Stock Units, Deferred Compensation Plan, NWL, Form 4

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