Form 4: Reynolds COO Reports Stock Transactions & RSU Grants
Insider Transaction Report
Reynolds Consumer Products Inc. Chief Operations Officer James Justin Christie reported routine stock transactions related to RSU vesting and new RSU grants.
Summary
- James Justin Christie, Chief Operations Officer of Reynolds Consumer Products Inc., reported several transactions on February 1, 2026.
- Acquired 337 shares of common stock upon the conversion of restricted stock units (RSUs) that began vesting on February 1, 2025.
- Disposed of 100 shares of common stock at a price of $23.17 per share to cover tax withholding obligations related to RSU vesting.
- Acquired 687 shares of common stock upon the conversion of restricted stock units (RSUs) that began vesting on February 1, 2026.
- Disposed of 220 shares of common stock at a price of $23.17 per share to cover tax withholding obligations related to RSU vesting.
- Received a grant of 1,792 restricted stock units (RSUs) on February 1, 2026, which were earned from performance share units (PSUs) based on the company's 2025 performance.
- Received an additional grant of 5,179 restricted stock units (RSUs) on February 1, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It details routine insider transactions related to executive compensation, including RSU vesting, tax withholding, and new grants, which are standard occurrences and do not indicate a significant shift in company fundamentals or executive sentiment.
Positives
- The Chief Operations Officer received new grants of 1,792 and 5,179 restricted stock units, indicating continued incentive alignment with company performance and future growth.
- The earning of 1,792 PSUs, now converted to RSUs, reflects the company's achievement of certain performance conditions for fiscal year 2025.
Negatives
- A total of 320 shares of common stock were disposed of at $23.17 per share to satisfy tax withholding obligations, representing a reduction in direct beneficial ownership.
Future Outlook
The Chief Operations Officer has future vesting events for restricted stock units, with 1,792 RSUs vesting on February 1, 2028, and 5,179 RSUs vesting in three equal annual installments beginning February 1, 2027, subject to continued employment.
Industry Context
StockSavvy.ai notes this is a routine insider transaction filing, common for executives receiving equity compensation. It reflects the standard process of RSU vesting, conversion to common stock, and subsequent share withholding for tax obligations, alongside new equity grants as part of compensation packages.
Stakeholder Impact
- Shareholders: The transactions represent a routine change in the beneficial ownership of a key executive, with a minor increase in outstanding shares due to RSU conversions, partially offset by tax withholdings. It reinforces management's long-term alignment through equity incentives.
- Employees: The equity grants and vesting schedules are typical components of executive compensation, which can serve as a model or benchmark for broader employee incentive programs.
Next Steps
- Continued employment of the reporting person through future vesting dates for remaining restricted stock units.
- Future vesting of 5,179 RSUs in three equal annual installments beginning February 1, 2027.
- Future vesting of 1,792 RSUs on February 1, 2028.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date performance share units (PSUs) were granted to the reporting person. |
| 02/01/2025 | Start date for vesting of certain restricted stock units (RSUs) that led to the acquisition of 337 common shares. |
| 02/01/2026 | Date of reported transactions, including RSU conversions, tax withholdings, and new RSU grants. |
| 02/01/2026 | Date certain performance share units (PSUs) were earned based on 2025 company performance, converting them to restricted stock units (RSUs). |
| 02/01/2026 | Start date for vesting of certain restricted stock units (RSUs) that led to the acquisition of 687 common shares. |
| 02/03/2026 | Signature date of the reporting person's representative for the Form 4 filing. |
| 02/01/2027 | First vesting date for 5,179 restricted stock units, vesting in three equal annual installments. |
| 02/01/2028 | Vesting date for 1,792 restricted stock units earned from performance share units. |
Recommendation
holdThis Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of restricted stock units and new grants, along with shares withheld for tax. Such transactions are expected and do not provide new information that would fundamentally alter the investment thesis for Reynolds Consumer Products Inc. Therefore, a 'hold' recommendation is appropriate, as the filing does not present a catalyst for a change in investment strategy.
Keywords
Reynolds Consumer Products, REYN, Insider Transaction, Form 4, Restricted Stock Units, RSU, Performance Share Units, PSU, Executive Compensation, Stock Vesting, Tax Withholding
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