Form 4: Spectrum Brands Exec's Stock Vesting & Tax Sale

EVP Ehsan Zargar reported the vesting of performance stock units and a subsequent sale of shares to cover tax liabilities.

Summary

• Ehsan Zargar, Executive Vice President, General Counsel & Corporate Secretary of Spectrum Brands Holdings, Inc. (SPB), reported transactions on December 5, 2025.
• Acquired 20,716 shares of Common Stock at a price of $0, representing the vesting of performance stock units granted on November 25, 2022.
• Disposed of 15,659 shares of Common Stock at a price of $57.19 to satisfy tax liability resulting from the vesting of previously reported time-based restricted stock units and the performance stock units reported herein.
• Beneficial ownership of Common Stock decreased from 172,098 shares to 156,439 shares following these transactions.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The vesting of performance units is a positive indicator of performance achievement, while the subsequent sale for tax purposes is a routine event and does not suggest a negative outlook.

Positives

• Vesting of 20,716 performance stock units indicates the achievement of performance targets by the executive.

Negatives

• Disposition of 15,659 shares reduces the executive's direct beneficial ownership in the company.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 reports a routine insider transaction related to executive compensation, which does not typically provide insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The vesting and subsequent tax-related sale of shares are routine compensation events for executives and are unlikely to have a significant impact on the company's stock price or overall shareholder value.
• Employees: Reflects standard executive compensation practices, including performance-based incentives.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving the vesting of performance stock units and a subsequent sale of shares to cover tax obligations. Such transactions are common for executives and do not typically signal a change in the company's fundamentals or the executive's long-term view. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Spectrum Brands Holdings, SPB, Form 4, Insider Transaction, Stock Vesting, Performance Stock Units, Tax Withholding, Ehsan Zargar