Form 4: Newell Brands Executive Bradford R. Turner Reports Stock Transactions
SEC Form 4 Filing
Bradford R. Turner, Chief Legal & Admin. Officer of Newell Brands, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On July 5, 2024, Bradford R. Turner, Chief Legal & Admin. Officer of Newell Brands Inc., reported transactions involving Newell Brands common stock.
- 145,833 restricted stock units vested and converted into common stock on a one-for-one basis.
- 65,392 shares were withheld to cover taxes at a price of $6.06 per share.
- Following these transactions, Turner directly owns 250,254 shares of Newell Brands common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership by an executive.
Key Dates
| Date | Description |
|---|---|
| 07/05/2023 | Date restricted stock units were granted to the Reporting Person. |
| 07/05/2024 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 07/09/2024 | Date of signature on the Form 4 filing. |
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