CAMPBELL PATRICK D 4
4 · NEWELL BRANDS INC. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Newell Brands (NWL) Director Patrick D. Campbell Converts 39,325 Shares
What Happened
- Patrick D. Campbell, a director of Newell Brands (NWL), reported the exercise/conversion of derivative awards resulting in the acquisition of 39,325 shares on May 7, 2026. The reported acquisition price was $0.00 per share (total reported value $0), indicating these shares arose from awards/derivative conversions rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-07; Type: Exercise/conversion of derivative (Form 4 code M).
- Amount: 39,325 shares acquired at $0.00 per share (reported value $0).
- Filing: Form 4 filed 2026-05-11 (appears timely relative to the transaction).
- Footnotes of interest:
- F1: Each restricted stock unit (RSU) equals a contingent right to one common share.
- F2: Certain awards vest either on the first grant anniversary or at the next annual meeting, subject to continued board service.
- F4: Phantom stock units convert to common shares on termination of board service under the Deferred Compensation Plan (DCP).
- F5: 30,418 RSUs vested on May 7, 2026; the reporting person elected to defer settlement, converting those RSUs into phantom stock units per the DCP.
- F6: The report includes 13,622.59 phantom stock units acquired via dividend reinvestment (5,327.38 added since the last report); dividend-reinvested phantom units will be settled in cash after service ends.
- Shares owned after the transaction are not explicitly stated in the provided summary; the filing includes the phantom unit details above.
Context
- This was not an open-market purchase or sale. The $0 exercise price and footnotes indicate the shares/units arose from equity awards (RSUs/phantom units) and deferral mechanics under the company's Deferred Compensation Plan. Such conversions are routine award settlements and do not necessarily reflect a personal cash investment or immediate market sentiment.
Insider Transaction Report
Form 4
CAMPBELL PATRICK D
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-05-07+39,325→ 39,325 total→ Common Stock (39,325 underlying)
Holdings
- 121,576
Deferred RSU Phantom Stock
[F1][F4][F3][F5][F6]→ Common Stock (121,576 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
- [F2]The award shall vest in full upon the earlier of: (i) the first anniversary of the date of the grant of the award or (ii) the next annual meeting of the Company's stockholders, which is at least 50 weeks after the immediately preceding year's annual meeting of the Company's stockholders; provided the Reporting Person remains in continuous service on the Board until such vesting date.
- [F3]N/A
- [F4]The Reporting Person's phantom stock units will convert to shares of the Company's common stock on a one-for-one basis after the end of the Reporting Person's service on the Company's Board, in accordance with the DCP.
- [F5]Represents vested awards of 107,953 RSU's granted in 2018, 2019, 2020 and 2021, pursuant to the Newell Rubbermaid Inc. 2013 Incentive Plan, and in 2022, 2023, 2024, and 2025 pursuant to the Newell Brands Inc. 2022 Incentive Plan, which includes 30,418 RSU's that vested on May 7, 2026. The Reporting Person elected to defer settlement on the scheduled vesting date and the RSU's instead converted to an equal number of phantom stock units, in accordance with the DCP.
- [F6]The report total includes 13,622.59 phantom stock units acquired by the Reporting Person pursuant to a dividend reinvestment feature of the DCP, of which 5327.38 phantom stock units were acquired since the date of the last report. The additional phantom stock units acquired pursuant to the dividend reinvestment feature will be settled for cash after the end of the Reporting Person's service on the Company's Board.
Signature
/s/ Bradford R. Turner, Attorney In Fact for Patrick D. Campbell|2026-05-11