Form 4: Newell Brands Executive Kristine Malkoski Reports Stock Transactions
SEC Filing Form 4
Kristine Kay Malkoski, Segment CEO at Newell Brands, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Kristine Kay Malkoski, a Segment CEO at Newell Brands, filed a Form 4 detailing changes in beneficial ownership of Newell Brands stock.
- On July 5, 2024, restricted stock units converted into 87,751 shares of common stock.
- Also on July 5, 2024, 36,472 shares were withheld to cover taxes at a price of $6.06 per share.
- Following these transactions, Malkoski directly owns 84,854 shares of common stock and indirectly owns 11,750 shares jointly with a spouse.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 07/05/2023 | Date of grant of restricted stock units that vested on July 5, 2024. |
| 07/05/2024 | Date of restricted stock units vesting and tax withholding. |
| 07/09/2024 | Date of Form 4 filing. |
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