Form 4: Newell Brands Executive Kristine Malkoski Reports Stock Transactions

Sentiment:

SEC Form 4


Kristine Kay Malkoski, a Segment CEO at Newell Brands, reports the acquisition and disposal of common stock and restricted stock units.

Summary

  • Kristine Kay Malkoski, a Segment CEO at Newell Brands, filed a Form 4 detailing changes in beneficial ownership.
  • The transactions involved common stock and restricted stock units.
  • On February 16, 2025, Malkoski acquired 30,421 shares of common stock and disposed of 9,692 shares to cover taxes at a price of $7.055.
  • On February 17, 2025, Malkoski acquired 19,015 shares of common stock and disposed of 5,675 shares to cover taxes at a price of $7.055.
  • On February 18, 2025, Malkoski acquired 6,583 shares of common stock and disposed of 1,965 shares to cover taxes at a price of $6.87.
  • Malkoski also owns 11,750 shares jointly with her spouse.
  • Following these transactions, Malkoski beneficially owns 123,541 shares of common stock directly and 11,750 indirectly.
  • The restricted stock units vest ratably in one-third increments on the grant date's first, second, and third anniversaries, contingent upon continuous employment.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock vesting and tax obligations. It doesn't indicate a significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they primarily reflect the vesting of previously granted compensation and related tax obligations.

Key Dates

DateDescription
02/16/2025Acquisition of 30,421 common stock shares and disposal of 9,692 shares for tax withholding.
02/17/2025Acquisition of 19,015 common stock shares and disposal of 5,675 shares for tax withholding.
02/18/2025Acquisition of 6,583 common stock shares and disposal of 1,965 shares for tax withholding.
02/19/2025Date of signature for the Form 4 filing.

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