ZIEGLER ANN ELIZABETH 4
Research Summary
AI-generated summary
Reynolds (REYN) Director Ann Ziegler Receives 7,539 RSUs
What Happened
Ann Elizabeth Ziegler, a director of Reynolds Consumer Products Inc. (REYN), was granted 7,539 restricted stock units (RSUs) on April 29, 2026. The grant is listed as an award/acquisition (code A) at $0.00 per unit; these are derivative RSUs that will convert into one share each upon vesting and carry no immediate cash value.
Key Details
- Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (filed timely).
- Transaction type/code: Award/grant (A), derivative RSUs; reported price $0.00.
- Units granted: 7,539 RSUs (each RSU = right to one share upon vesting).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: RSUs vest on the earlier of the first anniversary of the grant date or immediately prior to next year’s annual meeting and will be settled upon vesting; the RSUs have no expiration date.
- No indication of 10b5-1 plan, tax-withholding sale, or late filing in the Form 4.
Context
These RSUs are a non-cash equity award that convert into common shares when they vest; they do not represent immediately transferable shares. Director RSU grants are commonly used as board compensation. This award should be viewed as a compensation grant rather than an open-market purchase or sale; it does not by itself indicate buying or selling sentiment.
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