Platt Tracy L 4
4 · NEWELL BRANDS INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Newell Brands CHRO Tracy Platt Receives 203,269-Share Award
What Happened
Tracy L. Platt, Chief Human Resources Officer of Newell Brands (NWL), received a grant of 203,269 time‑based restricted stock units (TRSUs) on February 27, 2026. The award was granted at $0.00 per unit (reported as a derivative award), meaning no cash purchase was made at grant. Each TRSU represents a contingent right to receive one share of Newell Brands common stock upon vesting.
Key Details
- Transaction date: February 27, 2026; filing date: March 3, 2026 (filed on time under Form 4 rules).
- Grant: 203,269 TRSUs reported as acquired at $0.00 (derivative award).
- Shares owned after transaction: not specified in the provided filing.
- Vesting schedule (from footnotes): 1/3 vests Feb 27, 2027; 1/3 vests Feb 15, 2028; remainder vests Feb 15, 2029; vesting is subject to continuous employment.
- Footnotes: F1 explains 1 TRSU = right to one share; F2 details vesting dates; F3 = N/A.
Context
TRSUs are a form of equity compensation that convert into actual shares only when they vest; they are not the same as an immediate stock purchase and often carry service‑based vesting conditions. Grants like this are common executive compensation and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-02-27+203,269→ 203,269 total→ Common Stock (203,269 underlying)
Footnotes (3)
- [F1]Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock.
- [F2]The TRSUs vest ratably, with one-third (1/3) vesting on February 27, 2027, one-third (1/3) vesting on February 15, 2028, and the remainder of shares vesting on February 15, 2029, subject to continuous employment with the Company.
- [F3]N/A