Form 4: Newell Brands Executive Awarded Restricted Stock Units

Tracy L. Platt, Chief Human Resources Officer of Newell Brands, was granted 126,754 restricted stock units on February 17, 2025, which vest ratably over three years.

Summary

• On February 17, 2025, Tracy L. Platt, the Chief Human Resources Officer of Newell Brands, was granted 126,754 restricted stock units.
• These restricted stock units represent a contingent right to receive one share of Newell Brands' common stock each.
• The units vest in equal installments on the first, second, and third anniversaries of the grant date, contingent upon Platt's continued employment with the company.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The grant of stock units is generally viewed favorably as it aligns management's interests with shareholders.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term performance and retention.

Risks

• The vesting of the restricted stock units is contingent upon the Reporting Person's continuous employment with the Company, so if the Reporting Person leaves the company before the vesting dates, they will forfeit the unvested units.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Granting restricted stock units is a common practice in corporate governance to incentivize executives and align their interests with shareholders. The vesting schedule encourages long-term commitment to the company's success.

Stakeholder Impact

• Shareholders may view the grant of restricted stock units positively as it incentivizes executive performance and aligns interests.
• Employees may see this as a positive sign of investment in leadership.

Key Dates