Form 4: Newell Brands Executive Kristine Malkoski Reports Significant Stock Vesting and Tax-Related Share Disposition

Newell Brands' Segment CEO, Kristine Malkoski, reported the vesting of 175,502 performance-based restricted stock units and the subsequent disposition of 78,696 shares for tax obligations.

Summary

• Kristine Kay Malkoski, Segment CEO Learning & Dev. at Newell Brands Inc. (NWL), reported transactions on July 5, 2025.
• Acquired 175,502 shares of common stock through the vesting of performance-based restricted stock units (PRSUs) at a price of $0.
• Disposed of 78,696 shares of common stock at $5.84 per share to cover tax obligations related to the vesting.
• Following these transactions, Malkoski directly owns 220,347 shares of common stock.
• Additionally, 10,850 shares are indirectly owned by her spouse, and 900 shares are held in a joint account with her spouse.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction involving the vesting of equity awards and subsequent tax-related share disposition, which is a neutral event in terms of company performance or outlook.

Positives

• Vesting of 175,502 performance-based restricted stock units indicates the achievement of performance targets by the executive.
• The acquisition of shares at a $0 price reflects compensation through equity awards, aligning executive interests with shareholder value.

Negatives

• Disposition of 78,696 shares at $5.84 per share to cover tax liabilities reduces the executive's direct ownership, although this is a common practice for vested equity.

Future Outlook

The remaining 30% of Kristine Malkoski's performance-based restricted stock units granted on July 5, 2023, are scheduled to vest on July 5, 2026, contingent upon her continuous employment with Newell Brands.

Management Comments

• Kristine Malkoski, through her attorney-in-fact, reported the routine vesting of her performance-based restricted stock units and the subsequent sale of shares to cover tax liabilities, as per the terms of her equity compensation plan.

Industry Context

This is a routine insider transaction related to executive compensation and does not provide broader industry context. It reflects standard equity compensation practices within publicly traded companies.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and share ownership, which is a standard part of corporate governance. The tax-related sale is a common occurrence and not indicative of a change in sentiment.
• Employees: Reflects the company's equity compensation structure for executives.

Next Steps

• Remaining 30% of Performance Based Restricted Stock Units (PRSUs) are scheduled to vest on July 5, 2026, subject to continuous employment.

Key Dates

Keywords

Newell Brands, NWL, Kristine Malkoski, SEC Form 4, Insider Trading, Stock Vesting, Restricted Stock Units, Equity Compensation, Share Disposition, Tax Withholding