Form 4: Spectrum Brands CEO Maura Reports Stock Transactions
Insider Transaction Report
Spectrum Brands Holdings' Executive Chairman and CEO, David M. Maura, reported the vesting of performance stock units and subsequent tax-related share withholding.
Summary
- David M. Maura, Executive Chairman and CEO of Spectrum Brands Holdings, Inc. (SPB), reported changes in his beneficial ownership of common stock.
- On December 5, 2025, Mr. Maura acquired 69,915 shares of common stock at a price of $0, representing the vesting of performance stock units granted on November 25, 2022.
- Concurrently, on December 5, 2025, Mr. Maura disposed of 40,313 shares of common stock at a price of $57.19 per share.
- This disposition was due to the withholding of shares by the issuer to satisfy tax liabilities arising from the vesting of both time-based restricted stock units and the performance stock units reported in this filing.
- Following these transactions, Mr. Maura directly beneficially owns 748,029 shares of Spectrum Brands Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions related to executive compensation (vesting of performance units and tax withholding), which is a neutral event for the company's operational or financial performance.
Positives
- The vesting of 69,915 performance stock units indicates that performance targets set for the grant period (from November 25, 2022, to December 5, 2025) were met, reflecting positively on the company's operational achievements.
Negatives
- The disposition of 40,313 shares for tax withholding purposes reduced Mr. Maura's direct beneficial ownership, although this is a routine event associated with equity compensation.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape. It reflects standard executive compensation practices within publicly traded companies.
Related Party Transactions
- The transactions involve the Executive Chairman and CEO, David M. Maura, receiving equity compensation and the company withholding shares for tax purposes, which are standard related-party dealings in executive compensation.
Stakeholder Impact
- Shareholders: The transactions represent a minor, routine change in insider ownership and are unlikely to have a significant direct impact on shareholder value.
- Employees: No direct impact on employees is indicated by this filing.
- Management: The vesting of performance stock units indicates successful achievement of performance metrics for the Executive Chairman and CEO.
Key Dates
| Date | Description |
|---|---|
| 11/25/2022 | Date performance stock units were granted to David M. Maura. |
| 12/05/2025 | Date of vesting for performance stock units and subsequent share disposition for tax liability. |
| 12/09/2025 | Date the Form 4 was signed by Laurel McKellips, Attorney-in-fact for David M. Maura. |
Keywords
SPB, Spectrum Brands, Form 4, Insider Transaction, David Maura, CEO, Performance Stock Units, Stock Vesting, Tax Withholding
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