Form 4: Reynolds Consumer Products Executive Rita Fisher Reports Stock Transactions
SEC Form 4 Filing
Rita Fisher, Chief Information Officer/EVP of Reynolds Consumer Products Inc., reported the vesting of restricted stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of company stock.
Summary
- On February 1, 2025, Rita Fisher, Chief Information Officer/EVP of Reynolds Consumer Products Inc., engaged in transactions involving restricted stock units (RSUs) and common stock.
- She acquired shares through the vesting of RSUs and disposed of shares to cover tax withholding obligations.
- Specifically, 2,254, 2,606, and 3,757 RSUs vested, converting into common stock.
- The company withheld 632, 765, and 1,007 shares, respectively, to satisfy tax obligations at a price of $27.61 per share.
- Following these transactions, Fisher's direct ownership of common stock is 23,359 shares, and she holds 7,512 remaining RSUs that will vest in the future.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and carries a neutral sentiment.
Future Outlook
The document indicates future vesting dates for the remaining restricted stock units held by Rita Fisher.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The transactions have a minor impact on the overall shareholding structure of the company.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transactions involving RSUs and common stock. |
| 02/01/2026 | Date when remaining RSUs vest. |
| 02/01/2027 | Date when remaining RSUs vest. |
| 02/04/2025 | Date of signature on the Form 4 filing. |
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