Form 4: Reynolds Consumer Products Executive Lisa M. Smith Reports Stock Transactions

Lisa M. Smith, President of Hefty Waste & Storage at Reynolds Consumer Products Inc., reports the vesting and disposal of restricted stock units to cover tax obligations.

Summary

• On February 1, 2025, Lisa M. Smith, President of Hefty Waste & Storage at Reynolds Consumer Products Inc., engaged in transactions involving common stock and restricted stock units (RSUs).
• Smith acquired shares through the vesting of RSUs and simultaneously disposed of shares to satisfy tax withholding obligations.
• Specifically, 3,554, 3,775 and 4,260 RSUs vested, converting into common stock.
• Correspondingly, 997, 969 and 1,147 shares were withheld by the company to cover tax liabilities at a price of $27.61 per share.
• Following these transactions, Smith directly owns 22,926 shares of common stock and 8,519 RSUs that will vest in the future.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; therefore, the sentiment is neutral.

Future Outlook

The remaining RSUs will vest on February 1, 2026, and February 1, 2027.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation and tax obligations.

Key Dates