Corey Christopher 4

What Happened

• Corey Christopher, President of Presto Products at Reynolds Consumer Products (REYN), had equity awards convert/vest on February 1, 2026. The filing shows a total of 48,689 derivative awards (RSUs/PSUs) recorded as acquired/converted. To satisfy tax withholding obligations, 7,545 shares were withheld (disposed) at $23.17/share, for a withholding value of $174,818. Net shares delivered to Mr. Christopher after withholding were about 41,144.

Key Details

• Transaction date: 2026-02-01 (Form 4 filed 2026-02-03 — timely filing).
• Awards recorded: 11,226 and 19,025 granted (derivative awards), plus conversions/exercises totaling 18,438 shares — combined = 48,689 shares.
• Tax withholding: 7,545 shares withheld at $23.17 each, total withheld cash value $174,818.
• Net shares retained by insider: ~41,144 (48,689 − 7,545).
• Shares owned after the transaction: not disclosed in the provided summary.
• Relevant footnotes: F2 = shares withheld to satisfy tax withholding; F7 = certain RSUs vested on Feb 1, 2026; F3 = PSUs earned Feb 1, 2026 converted to RSUs that will vest Feb 1, 2028.
• Transaction codes: M = exercise/conversion of derivative; A = grant/award; F = payment of exercise price or tax liability (share withholding).

Context

• These transactions reflect compensation-related vesting/conversion of RSUs/PSUs and a cashless-type tax withholding (company withheld shares to cover taxes), not an open-market purchase or deliberate sale. Such withholding is routine and does not by itself indicate bullish or bearish insider sentiment.