Turner Bradford R 4

What Happened

• Bradford R. Turner, Chief Legal & Administrative Officer of Newell Brands (NWL), was reported as acquiring 64,919 performance-based restricted stock units (PRSUs) on Feb 9, 2026. The transaction is recorded as an award/acquisition (derivative) at $0.00 per unit (total reported value $0 on the Form 4).
• Footnotes indicate each PRSU represents the right to one share, and the Company’s Compensation and Human Capital Committee certified partial achievement of the performance metrics for PRSUs originally granted on Feb 17, 2023. The PRSUs were subject to vesting on Feb 17, 2026, contingent on continuous employment.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (timely filing).
• Shares/units acquired: 64,919 PRSUs at $0.00 (reported as a derivative award).
• Reported value on Form 4: $0 (award/derivative instrument; market value not stated on the form).
• Post-transaction share ownership: Not disclosed in the filing.
• Footnotes of note:
  • F1: Each PRSU = right to receive one share of common stock.
  • F2: Partial achievement certified for PRSUs granted 2023-02-17; vesting terms provided for 2026-02-17, subject to continued employment.
  • F3: N/A

Context

• This transaction is an award/vesting of performance-based equity, not an open-market buy or sale; it does not necessarily signal a buy/sell decision by the executive. PRSUs are long-term compensation that convert to shares if performance and service conditions are met.
• Retail investors should view this as routine executive compensation/vesting activity tied to prior performance awards rather than an immediate cash transaction.