Form 4: Newell Brands Director Stephanie Stahl Reports Stock Transactions

Director Stephanie Stahl reports the acquisition and disposal of Newell Brands Inc. stock and restricted stock units.

Summary

• On May 8, 2024, Stephanie Stahl, a director of Newell Brands Inc., reported the disposition of 18,285 shares of common stock.
• The same day, Stahl also reported the vesting of 18,285 restricted stock units, which were then converted to phantom stock units under the 2008 Deferred Compensation Plan (DCP).
• On May 9, 2024, Stahl acquired 19,441 restricted stock units.
• These restricted stock units will vest upon the earlier of the first anniversary of the grant date or the Company's next annual meeting of stockholders, provided Stahl remains on the Board of Directors.
• Stahl elected to defer settlement of the vested restricted stock units, converting them into phantom stock units that will be settled after her service on the Board ends.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units will vest upon the earlier of the first anniversary of the grant date or the Company's next annual meeting of stockholders, provided the Reporting Person remains in continuous service on the Company's Board of Directors. 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 Persons service on the Company's Board.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the actions of company leadership.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates