Peterson Christopher H 4

What Happened
Christopher H. Peterson, President & CEO and a director of Newell Brands (NWL), had restricted stock units (time- and performance-based RSUs/PRSUs) vest and convert into common shares on Feb 16–17, 2026. A total of 532,903 shares were issued on conversion. To satisfy tax withholding obligations, 211,394 of those shares were withheld (disposed) at prices of $4.67–$4.70, with the withheld shares valued at approximately $989,075. After withholding, Peterson retained a net 321,509 newly issued shares. These withholdings are tax payments rather than open-market sales.

Key Details

• Vesting/conversion dates: Feb 16, 2026 and Feb 17, 2026 (codes M = exercise/conversion).
• Shares issued on vesting: 532,903 total (162,972 on 2/16; 41,247, 116,069, and 212,615 on 2/17).
• Shares withheld for taxes (coded F): 211,394 total (62,166 withheld on 2/16 at $4.70 = $292,180; 18,496 at $4.67 = $86,376; 35,395 at $4.67 = $165,295; 95,337 at $4.67 = $445,224). Total value of withheld shares ≈ $989,075.
• Net new shares retained by Peterson: 321,509.
• Footnotes: TRSUs convert 1:1 to shares and vest ratably over 3 years; PRSUs vested on Feb 17, 2026 (subject to continued employment). Withholding calculations used closing prices on Feb 13 and Feb 17, 2026.
• Filing: Report filed Feb 18, 2026 for events on Feb 16–17 — appears timely (Form 4 is generally due within two business days).

Context

• The M code indicates conversion/settlement of restricted stock units (not an open-market purchase). The F code indicates shares were surrendered/withheld to cover tax liabilities (a common, non-market-sale action).
• This is routine insider equity compensation activity (vesting and tax withholding) rather than a discretionary buy or sale that signals a trading opinion.