GOTTSCHALK MARLA C 4
Research Summary
AI-generated summary
Reynolds (REYN) Director Marla Gottschalk Receives RSU Award
What Happened
- Marla C. Gottschalk, a director of Reynolds Consumer Products Inc. (REYN), was granted 7,539 restricted stock units (RSUs) on 2026-04-29. The grant price reported is $0.00 (i.e., no cash paid); the transaction is reported as an Award/Grant (derivative security).
Key Details
- Transaction date and filing: Grant dated 2026-04-29; Form 4 filed 2026-05-01 (appears timely under the two-business-day filing rule).
- Transaction type/code: A (award/grant) — derivative award of RSUs.
- Quantity and price: 7,539 RSUs granted at $0.00.
- Shares owned after transaction: Not specified in the provided excerpt of the filing; check the full Form 4 for post-transaction holdings.
- Footnotes from the filing:
- F1: Each RSU represents a contingent right to receive one share of REYN common stock.
- F2: RSUs vest on the earlier of the first anniversary of the grant date or immediately prior to the next annual meeting and will be settled upon vesting.
- F3: The RSUs do not have an expiration date.
Context
- RSU grants to directors are common compensation and do not represent an open-market purchase or sale. They are contingent awards that convert to shares only upon vesting, so they are not an immediate buy signal for the market.
- For investors tracking insider activity, purchases are often more informative than routine compensation awards; consider this grant as part of director compensation rather than a direct indicator of short-term insider sentiment.