Form 4: Reynolds Consumer Products Executive Reports Stock Transactions
SEC Form 4 Filing
Mark D. Swartzberg, VP of Investor Relations at Reynolds Consumer Products Inc., reports the vesting and disposal of restricted stock units to cover tax obligations.
Summary
- Mark D. Swartzberg, VP of Investor Relations at Reynolds Consumer Products Inc., filed a Form 4 detailing changes in beneficial ownership.
- The transactions occurred on February 1, 2025.
- Swartzberg acquired and disposed of common stock and restricted stock units (RSUs).
- The transactions included the vesting of RSUs and the subsequent withholding of shares to satisfy tax obligations.
- Swartzberg's direct ownership of common stock changed from 7,825 to 8,612 due to vesting of RSUs and tax witholding.
- He still owns 2,254 RSUs that will vest in the future.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; it doesn't inherently indicate positive or negative sentiment.
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. This filing indicates standard compensation practices involving RSUs and tax withholding.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transactions involving common stock and restricted stock units. |
| 02/01/2026 | Date when remaining 1,006 RSUs vest. |
| 02/01/2027 | Date when remaining RSUs vest. |
| 02/04/2025 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.