Turner Bradford R 4
Research Summary
AI-generated summary
Newell (NWL) Chief Legal Officer Bradford Turner Receives 221,428-Unit Award
What Happened
- Bradford R. Turner, Newell Brands' Chief Legal & Administrative Officer, was granted 221,428 Time‑Based Restricted Stock Units (TRSUs) on Feb 27, 2026 (transaction code A — award). The award was reported at a $0.00 acquisition price because these are contingent equity units, not an open‑market cash purchase.
Key Details
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-03 (timely filing — within required business days).
- Award size: 221,428 TRSUs; reported acquisition price: $0.00 (derivative award).
- Vesting schedule (per filing): 1/3 vests on Feb 27, 2027; 1/3 vests on Feb 15, 2028; remainder vests on Feb 15, 2029 — all subject to continuous employment.
- Footnote: Each TRSU represents a contingent right to receive one share of common stock upon vesting.
- Shares owned after transaction: not specified in this Form 4.
Context
- TRSUs are a form of deferred equity compensation: they convert to shares only as they vest and generally do not involve any immediate cash changing hands. Such grants are routine for executive compensation and do not by themselves indicate a buying or selling signal.