Erceg Mark J 4
4 · NEWELL BRANDS INC. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Newell Brands (NWL) CFO Mark Erceg Receives Award
What Happened
Mark J. Erceg, Chief Financial Officer of Newell Brands (NWL), received two derivative awards on Feb 9, 2026 totaling 1,768,487 performance-based restricted stock units (PRSUs): 113,315 PRSUs and 1,655,172 PRSUs. Each PRSU represents the right to receive one share of common stock (reported acquisition price $0.00). These are compensation awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-09; filing date: 2026-02-10 (timely filing).
- Award amounts and reported price: 113,315 PRSUs @ $0.00 and 1,655,172 PRSUs @ $0.00 (derivative awards). Total = 1,768,487 PRSUs.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnotes of note:
- F1: Each PRSU = right to one share on vesting.
- F2: The 113,315 PRSUs relate to the Feb 17, 2023 grant; the committee certified partial achievement and these vest on Feb 17, 2026 subject to continued employment.
- F4: The 1,655,172 PRSUs relate to the July 5, 2023 grant; the committee certified achievement and these vest on Feb 27, 2026 subject to continued employment.
- F3: N/A.
- Transaction code: A = Award/Grant (derivative). No 10b5-1, tax-withholding, or sale noted in this filing.
Context
These PRSUs are performance-based awards that convert into shares only if the specified performance targets and continued-employment conditions are met at vesting. Because they are awards (not purchases or immediate sales), they represent executive compensation rather than a direct market signal — the ultimate share delivery depends on the committee’s certification and the vesting conditions.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-02-09+113,315→ 113,315 total→ Common Stock (113,315 underlying) - Award
Restricted Stock Units
[F1][F4][F3]2026-02-09+1,655,172→ 1,655,172 total→ Common Stock (1,655,172 underlying)
Footnotes (4)
- [F1]Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
- [F2]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.
- [F3]N/A
- [F4]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.