Form 4: Newell Brands Executive Reports Stock Transactions

Robert Andrew Schmidt, Chief Accounting Officer of Newell Brands Inc., reported transactions involving common stock and restricted stock units.

Summary

• Robert Andrew Schmidt, Chief Accounting Officer at Newell Brands Inc., reported a transaction on May 31, 2026.
• This transaction involved the acquisition of 7,286 shares of common stock at a price of $3.40 per share.
• Additionally, 2,496 shares of common stock were disposed of at a price of $3.40 per share.
• Following these transactions, Mr. Schmidt beneficially owns 19,217 shares of common stock directly.
• The filing also notes 10,728 shares held indirectly, with direct ownership being joint with a spouse.
• Restricted Stock Units (RSUs) were also involved, with 7,286 RSUs acquired on May 31, 2026.
• These RSUs vest ratably over three years from the grant date, subject to continued employment.
• The withholding of shares to cover taxes on vesting was based on the company's closing stock price on May 29, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine executive stock transactions and compensation-related events without significant positive or negative financial implications.

Positives

• Acquisition of 7,286 shares of common stock, indicating continued investment or compensation.
• Vesting of restricted stock units suggests employee retention and alignment with company performance.

Negatives

• Disposal of 2,496 shares of common stock, which could indicate a need for liquidity or a reduction in holdings.

Risks

• The vesting of restricted stock units is subject to the Reporting Person's continuous employment with the Company, posing a risk of forfeiture if employment is terminated.
• Tax implications related to the vesting of RSUs and the withholding of shares could impact the net benefit to the reporting person.

Future Outlook

The vesting schedule for restricted stock units indicates a future potential increase in beneficial ownership over the next three years, contingent on continued employment.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive stock holdings and activities within the consumer goods sector.

Stakeholder Impact

• Shareholders: Increased transparency into executive stock ownership and potential alignment of interests.
• Employees: Vesting of RSUs can be a motivator and indicator of company stability.
• Management: Standard reporting requirement, ensuring compliance with SEC regulations.

Next Steps

• Continued employment with Newell Brands Inc. for restricted stock units to vest.
• Potential future transactions based on executive's discretion and company performance.

Key Dates

Keywords

Newell Brands, NWL, Form 4, Stock Transaction, Beneficial Ownership, Common Stock, Restricted Stock Units, Executive Compensation, SEC Filing, Insider Trading