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

Lisa M. Smith, President of Hefty Waste & Storage at Reynolds Consumer Products, reported the acquisition and disposal of company stock units to cover tax obligations.

Summary

• Lisa M. Smith, an officer at Reynolds Consumer Products, reported transactions involving company stock on December 5, 2024.
• She acquired 637 common stock units through the vesting of restricted stock units (RSUs).
• Concurrently, 637 common stock units were disposed of to cover tax withholding obligations at a price of $27.76 per share.
• Following these transactions, Ms. Smith directly owns 14,450 common stock units and 19,182 restricted stock units.
• The restricted stock units vest on February 1, 2026.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock transactions, with no significant positive or negative implications.

Future Outlook

The remaining restricted stock units will vest on February 1, 2026.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It provides transparency into the stock transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The vesting of restricted stock units and subsequent sale to cover taxes is a common form of executive compensation.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

stock transactions, restricted stock units, insider trading, Form 4, Reynolds Consumer Products, executive compensation, equity securities