Fisher Rita 4
4 · Reynolds Consumer Products Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Reynolds (REYN) CIO Rita Fisher Exercises Options; RSUs Vest
What Happened Rita Fisher, Chief Information Officer and EVP of Reynolds Consumer Products (REYN), converted/exercised a total of 24,324 derivative units into common shares on February 1, 2026. To satisfy tax-withholding obligations, the company withheld 9,753 of those shares and reported cash proceeds/withholding payments totaling $225,977. In addition, Fisher was credited with two RSU awards (11,166 and 17,803 RSUs) that are derivative awards tied to service/performance vesting schedules.
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (appears timely).
- Exercise/conversion (code M): 2,606; 13,683; 3,756; 4,279 shares — total 24,324 shares converted to common stock.
- Tax withholding (code F): 1,137; 5,317; 1,498; 1,801 shares withheld — total 9,753 shares withheld; combined reported cash amount = $225,977 (sum of $26,344, $123,195, $34,709, $41,729).
- Grants/awards (code A): 11,166 RSUs and 17,803 RSUs reported as acquired (zero price, derivative awards).
- Footnotes of note:
- F1/F2: RSUs equal one share and shares were withheld to satisfy tax obligations.
- F3: PSUs granted in Feb 2025 were earned and converted to RSUs on Feb 1, 2026; those RSUs vest on Feb 1, 2028.
- F7: Some RSUs vested on Feb 1, 2026; other footnotes describe staggered vesting schedules and that RSUs have no expiration.
- Shares owned after the transactions: not specified in the provided filing summary.
Context
- The pattern here is a common, compensation-related transaction: derivative awards were converted to shares and a portion was withheld to cover tax obligations — effectively a cashless/net settlement rather than an open-market sale.
- The newly reported RSUs are awards (not purchases) and include performance-derived units that will vest over future service periods; such awards are routine compensation and do not necessarily signal an immediate change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-01+2,606→ 25,965 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−1,137$26,344→ 24,828 total - Exercise/Conversion
Common Stock
[F1]2026-02-01+13,683→ 38,511 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−5,317$123,195→ 33,194 total - Exercise/Conversion
Common Stock
[F1]2026-02-01+3,756→ 36,950 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−1,498$34,709→ 35,452 total - Exercise/Conversion
Common Stock
[F1]2026-02-01+4,279→ 39,731 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−1,801$41,729→ 37,930 total - Award
Restricted Stock Units
[F1][F3][F4][F5]2026-02-01+11,166→ 11,166 total→ Common Stock (11,166 underlying) - Award
Restricted Stock Units
[F1][F6][F5]2026-02-01+17,803→ 17,803 total→ Common Stock (17,803 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7][F5]2026-02-01−2,606→ 0 total→ Common Stock (2,606 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7][F5]2026-02-01−13,683→ 0 total→ Common Stock (13,683 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F8][F5]2026-02-01−3,756→ 3,756 total→ Common Stock (3,756 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F9][F5]2026-02-01−4,279→ 8,556 total→ Common Stock (4,279 underlying)
Footnotes (9)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
- [F2]Represents shares withheld by Reynolds Consumer Products Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
- [F3]On February 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.
- [F4]The RSUs vest on February 1, 2028.
- [F5]The RSUs do not have an expiration date.
- [F6]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.
- [F7]The RSUs vested on February 1, 2026.
- [F8]The RSUs vest in three annual installments beginning on February 1, 2025, subject to the continued employment of the reporting person through each such vesting date.
- [F9]The RSUs vest in three annual installments beginning on February 1, 2026, subject to the continued employment of the reporting person through each such vesting date.