Form 4: Newell Brands Executive Nicolas Duran Reports Stock Transactions
SEC Form 4 Filing
Nicolas Duran, a Segment CEO at Newell Brands, reported the vesting and subsequent tax withholding of shares related to restricted stock units on February 16, 2025.
Summary
- On February 16, 2025, Nicolas Duran, a Segment CEO at Newell Brands, reported transactions involving Newell Brands common stock.
- These transactions included the vesting of 35,853 restricted stock units and 12,820 restricted stock units.
- Shares were withheld to cover taxes on the vesting of these units, with 11,429 shares withheld at a price of $7.055 per share for the first vesting and 3,826 shares withheld at the same price for the second vesting.
- Following these transactions, Duran directly owns 33,418 shares of Newell Brands common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of stock transactions (vesting of restricted stock units and tax withholding). |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Newell Brands, Nicolas Duran, Stock Transactions, Restricted Stock Units, Form 4, SEC Filing, Vesting, Tax Withholding
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