Form 4: Newell Brands Executive Platt Reports Stock Transactions
SEC Form 4 Filing
Tracy L. Platt, Chief Human Resources Officer of Newell Brands, reports the vesting and subsequent tax withholding of shares on February 16, 2025.
Summary
- On February 16, 2025, Tracy L. Platt, Chief Human Resources Officer of Newell Brands, reported transactions involving Newell Brands common stock.
- These transactions included the vesting of 35,745 restricted stock units and the withholding of 11,293 shares to cover taxes.
- The tax withholding was calculated based on a stock price of $7.055 on February 14, 2025.
- Following these transactions, Platt directly owns 24,452 shares of Newell Brands common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date used for calculating tax withholding based on the company's closing stock price. |
| 02/16/2025 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
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