Huckins Scott E. 4
4 · Reynolds Consumer Products Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Reynolds (REYN) CEO Scott Huckins Exercises Derivatives, Receives RSU Awards
What Happened
- On Feb 1, 2026, Scott E. Huckins (President, CEO and Director) had multiple derivative conversions/exercises and awards reported. He converted/exercised 40,909 derivative units (7,708 + 9,055 + 24,146). He was also granted 189,908 restricted stock units (RSUs) in two awards (63,020 and 126,888 RSUs).
- To satisfy tax withholding on vested RSUs, 17,276 shares were withheld (3,301 + 3,812 + 10,163) at $23.17 per share, generating $400,285 in withholding. Several of the entries show $0.00 for the derivative conversions/settlements, indicating these were equity-settled/derivative transactions rather than open-market purchases or cash sales.
Key Details
- Transaction date(s): February 1, 2026. Form filed: February 3, 2026 (timely).
- Tax-withheld shares: 17,276 shares withheld at $23.17 = $400,285. Transaction codes: M = exercise/conversion of derivative, A = grant/award, F = payment of exercise price or tax liability (share withholding).
- Grants: 63,020 and 126,888 RSUs (total 189,908 RSUs). Per footnote, some PSUs were converted to RSUs based on 2025 performance (see F3) and certain RSUs vest on future dates (e.g., vesting schedules include Feb 1, 2026–2028 and installment vesting; see filing footnotes F3–F9).
- Shares owned after the transactions: not specified in the filing.
- Filing timeliness: filed within a normal 2-business-day window after the Feb 1 transactions.
Context
- These transactions are largely compensation-related (awarded RSUs and conversion of previously granted performance units), not open-market buys or sales by the insider. The share withholding to cover taxes is a common, routine practice and does not indicate an open-market disposition.
- For retail investors: awards and conversions signal executive compensation realization and future vesting schedules—useful for understanding potential future share overhang, but they are not the same signal as an insider buying or selling stock in the open market.
Insider Transaction Report
Form 4
Huckins Scott E.
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-01+7,708→ 37,060 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−3,301$76,484→ 33,759 total - Exercise/Conversion
Common Stock
[F1]2026-02-01+9,055→ 42,814 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−3,812$88,324→ 39,002 total - Exercise/Conversion
Common Stock
[F1]2026-02-01+24,146→ 63,148 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−10,163$235,477→ 52,985 total - Award
Restricted Stock Units
[F1][F3][F4][F5]2026-02-01+63,020→ 63,020 total→ Common Stock (63,020 underlying) - Award
Restricted Stock Units
[F1][F6][F5]2026-02-01+126,888→ 126,888 total→ Common Stock (126,888 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7][F5]2026-02-01−7,708→ 7,708 total→ Common Stock (7,708 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F8][F5]2026-02-01−9,055→ 9,054 total→ Common Stock (9,055 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F9][F5]2026-02-01−24,146→ 48,292 total→ Common Stock (24,146 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 vest in three annual installments beginning on February 1, 2025, subject to the continued employment of the reporting person through each such vesting date.
- [F8]The RSUs vest in two annual installments beginning on February 1, 2026, 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.
Signature
/s/ Jill E. Barnett, Attorney-in-Fact|2026-02-03