GOTTSCHALK MARLA C 4

What Happened
Marla C. Gottschalk, a director of Reynolds Consumer Products Inc. (REYN), had 6,568 restricted stock units (RSUs) vest on April 23, 2026 and those RSUs were converted into 6,568 shares. The Form 4 shows an acquisition (derivative exercise/conversion, Code M) of 6,568 shares at an exercise price of $0.00 and a corresponding disposition entry for 6,568 derivative shares. No cash proceeds or market sale of common stock is reported on the filing.

Key Details

• Transaction date: 2026-04-23 (reported on Form 4 filed 2026-04-23 — timely).
• Transaction code: M (exercise/conversion of derivative). Reported price: $0.00.
• Shares acquired: 6,568 RSUs converted to 6,568 shares; a matching disposition of 6,568 derivative shares is also recorded on the form.
• Shares owned after transaction: not reported on the provided excerpt.
• Footnotes: F1 — each RSU converts to one share; F2 — RSUs vested on April 23, 2026; F3 — RSUs have no expiration date.
• No open-market sale of common stock or cash proceeds are shown in this filing.

Context
This is an award/vesting event (RSU settlement), not a purchase or an open-market sale. For retail investors, vesting of RSUs increases insider-held shares but does not necessarily indicate buying or selling sentiment; the filing shows the RSUs were settled on the vesting date and reported promptly.