Clark Ryan Gerard 4
4 · Reynolds Consumer Products Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
REYN President Clark Gerard Receives RSU Awards
What Happened Clark Ryan Gerard, President of Hefty Tableware at Reynolds Consumer Products (REYN), received two derivative equity awards on February 1, 2026: 16,253 restricted stock units (RSUs) and 18,990 units that were performance share units (PSUs) converted into RSUs. Both awards were granted at $0.00 (these are compensation awards, not purchases) and represent contingent rights to receive one share of REYN common stock upon vesting.
Key Details
- Transaction date: 2026-02-01; Form 4 filed 2026-02-03 (timely within required reporting window).
- Awards: 16,253 RSUs and 18,990 PSUs converted to RSUs; total = 35,243 units; grant price $0.00 (derivative awards).
- Vesting:
- The PSUs (18,990) were originally granted June 1, 2025, were earned based on 2025 performance, converted to RSUs, and will vest on February 1, 2028.
- The other RSUs (16,253) vest in three equal annual installments beginning February 1, 2027, subject to continued employment.
- RSUs represent a contingent right to one share each and have no expiration date.
- Shares owned after the reported transaction: not specified in the Form 4.
- Filing status: timely (no late filing indicated).
Context These are compensation awards (performance-based PSUs converted to RSUs and time-based RSUs) that will convert into common shares only upon meeting vesting/service conditions. Such grants are routine executive compensation and do not represent an open-market purchase or sale; they should be interpreted as part of pay and retention, not a direct buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3][F4]2026-02-01+16,253→ 16,253 total→ Common Stock (16,253 underlying) - Award
Restricted Stock Units
[F1][F5][F4]2026-02-01+18,990→ 18,990 total→ Common Stock (18,990 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
- [F2]On June 1, 2025, the reporting person was granted performance share units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period consisting of fiscal 2025. As determined on February 1, 2026, based on the Company's actual performance for 2025, the reporting person earned these PSUs, which are now the equivalent of RSUs with a service-based vesting condition and will vest on February 1, 2028.
- [F3]The RSUs vest on February 1, 2028.
- [F4]The RSUs do not have an expiration date.
- [F5]The RSUs vest in three equal annual installments beginning on February 1, 2027, subject to the continued employment of the reporting person through each such vesting date.