Peterson Christopher H 4
4 · NEWELL BRANDS INC. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Newell Brands (NWL) CEO Christopher Peterson Receives Award
What Happened
Christopher H. Peterson, President & CEO and a director of Newell Brands (NWL), was reported as acquiring three awards on Feb 9, 2026 totaling 3,768,692 performance‑based restricted stock units (PRSU): 116,069 PRSUs, 204,349 PRSUs and 3,448,274 PRSUs. These are reported as derivative awards (code A) with no cash paid (reported price $0.00); each PRSU represents the right to receive one share upon vesting.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-10 (timely filing).
- Awards: 116,069; 204,349; and 3,448,274 PRSUs — total 3,768,692 PRSUs. Reported acquisition price: $0.00 (derivative awards).
- Shares owned after transaction: not specified in the excerpt provided; the filing includes a corrected beneficial-ownership total in Table I (see note).
- Notable footnotes:
- F2: Each PRSU = right to one share on vesting.
- F3/F5/F6: These PRSUs relate to performance grants from Feb 17, 2023; May 16, 2023; and July 5, 2023, with vesting dates in 2026 (subject to continuous employment and committee certification of performance).
- F1: Filing corrects prior Forms that understated beneficial ownership totals by 40,056 shares due to an administrative error; no transactions were omitted.
Context
These entries are awards of performance-based restricted stock units (derivative rights to future shares) rather than open-market purchases or sales. PRSUs vest only if performance and service conditions are met, per the committee certifications referenced in the footnotes; no cash changed hands at grant. The corrected ownership totals in the filing address an earlier reporting arithmetic error and do not indicate additional missing transactions.
Insider Transaction Report
- Award
Restricted Stock Units
[F2][F3][F4]2026-02-09+116,069→ 116,069 total→ Common Stock (116,069 underlying) - Award
Restricted Stock Units
[F2][F5][F4]2026-02-09+204,349→ 204,349 total→ Common Stock (204,349 underlying) - Award
Restricted Stock Units
[F2][F6][F4]2026-02-09+3,448,274→ 3,448,274 total→ Commonn Stock (3,448,274 underlying)
- 598,128
Common Stock
[F1]
Footnotes (6)
- [F1]This Form 4 includes corrected beneficial ownership totals in Table I, Column 5. Beginning with the Form 4 filed on February 19, 2025 and including the Form 4s filed May 7, 2025 and May 20, 2025, reporting person's beneficial ownership totals were understated by 40,056 shares due to an administrative error failing to carry forward amounts reported on the Form 4 filed on May 20, 2024. No transactions were omitted.
- [F2]Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
- [F3]The Company's Compensation and Human Capital Committee certified partial achievement of the pre-established performance metrics for the reporting person's PRSUs granted on February 17, 2023. The terms of the reporting person's PRSUs provided for vesting on February 17, 2026, subject to continuous employment with the Company.
- [F4]N/A
- [F5]The Company's Compensation and Human Capital Committee certified partial achievement of the pre-established performance metrics for the reporting person's PRSUs granted on May 16, 2023. The terms of the reporting person's PRSUs provided for vesting on May 16, 2026, subject to continuous employment with the Company.
- [F6]The Company's Compensation and Human Capital Committee certified achievement of the pre-established performance metrics for the reporting person's PRSUs granted on July 5, 2023. The terms of the PRSUs granted on July 5, 2023 provide for vesting on February 27, 2026, subject to the continuous employment with the Company.