Hooker Carlen 4

What Happened

• Carlen Hooker, Chief Commercial Officer of Reynolds Consumer Products Inc. (REYN), received two awards on Feb 1, 2026 totaling 30,730 restricted stock units (RSUs): 13,574 RSUs and 17,156 RSUs (the latter were performance share units earned based on 2025 results). Both awards show an acquisition price of $0.00, meaning they are compensation awards/derivative grants rather than purchases.

Key Details

• Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (filed within the typical two-business-day Section 16 window).
• Awards: 13,574 RSUs (grant) and 17,156 PSUs converted to RSUs (earned based on 2025 performance) — total 30,730 RSUs; acquisition price $0.00.
• Shares owned after transaction: not specified in the filing.
• Notable footnotes:
  • F1: Each RSU represents a contingent right to one share.
  • F2: The 17,156 were PSUs granted June 1, 2025 and were determined earned on Feb 1, 2026 based on 2025 performance; they are now RSUs with service-based vesting.
  • F3/F5: Vesting: the PSU-derived RSUs vest on Feb 1, 2028; the other RSUs vest in three equal annual installments beginning Feb 1, 2027.
  • F4: The RSUs do not have an expiration date.
• Filing timeliness: Form 4 was filed two days after the transaction date and appears to meet Section 16 reporting timing.

Context

• These were awards (A code) — a compensation event, not an open-market buy or sale. RSUs are derivative grants that convert into shares upon vesting and do not require the insider to pay cash now. Such grants reflect company compensation and earned performance awards; they are not direct indicators of immediate buying or selling sentiment.