Schmidt Robert Andrew 4

4 · NEWELL BRANDS INC. · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

Newell (NWL) CAO Robert Schmidt Receives RSU Shares

What Happened

Robert Andrew Schmidt, Chief Accounting Officer of Newell Brands (NWL), had 7,286 restricted stock units convert to common shares on May 31, 2026. The filing shows a gross value of $24,772 (7,286 shares at $3.40). To cover tax withholding, 2,496 shares were withheld (valued at $8,486), leaving a net of 4,790 shares delivered to Schmidt (net value $16,286).

Key Details

Transaction date: 2026-05-31; Form 4 filed: 2026-06-02 (appears timely).
Entries reported as: M (exercise/conversion of derivative — conversion of RSUs) and F (tax withholding).
Price/value used: $3.40 per share (closing price used for withholding calculation per footnote).
Net shares received: 4,790 (7,286 vested − 2,496 withheld).
Footnotes of note:
- F1: Withholding calculated based on company closing price on May 29, 2026.
- F2: Direct ownership is joint with spouse.
- F3: Each RSU represents the right to receive one share.
- F4: These RSUs vest ratably in one-third increments over three years from grant (subject to continued employment).
Shares owned after the transaction: not specified in the provided filing details.

Context

These entries reflect RSU vesting and a common cashless-style settlement for tax withholding (shares withheld to cover taxes). This is typically a routine compensation event rather than an open-market purchase or sale; it does not by itself indicate the insider’s view on the stock.
Codes: M = exercise/conversion of a derivative (here, RSUs converting into shares); F = shares withheld to satisfy tax withholding.

Form 4

Period: 2026-05-31

Chief Accounting Officer

Transactions

Exercise/Conversion
Common Stock
2026-05-31$3.40/sh+7,286$24,772→ 21,713 total
Tax Payment
Common Stock
[F1]
2026-05-31$3.40/sh−2,496$8,486→ 19,217 total
Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]
2026-05-31−7,286→ 0 total
→ Common Stock (7,286 underlying)

Holdings

Footnotes (5)

[F1]Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on May 29, 2026.
[F2]Direct ownership joint with spouse.
[F3]Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
[F4]The restricted stock unit vest ratably in one-third increments on the grant date's first, second, and third anniversaries, subject to the Reporting Person's continuous employment with the Company.
[F5]N/A

Signature

/s/ Brian Decker, Attorney in Fact for Robert A. Schmidt|2026-06-02

1 file