Form 4: Reynolds Consumer Products Executive Reports Stock Transactions

Stephen C. Estes, Chief Administrative Officer of Reynolds Consumer Products Inc., reports the vesting and subsequent tax withholding of restricted stock units.

Summary

• On February 1, 2025, Stephen C. Estes, Chief Administrative Officer of Reynolds Consumer Products Inc., reported transactions involving common stock and restricted stock units (RSUs).
• The transactions included the vesting of RSUs and the withholding of shares to cover tax obligations.
• Specifically, 2,693, 3,020, and 4,208 RSUs vested, resulting in the acquisition of common stock.
• A portion of the acquired shares (755, 827, and 1,133 shares respectively) were then disposed of to satisfy tax withholding requirements at a price of $27.61 per share.
• Following these transactions, Estes directly owns 26,640 shares of common stock and varying amounts of RSUs that vest on future dates.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and carries a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.

Stakeholder Impact

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

Key Dates