Christie James Justin 4
4 · Reynolds Consumer Products Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Reynolds (REYN) COO Justin Christie Receives RSUs, Converts PSUs
What Happened
Justin Christie, Chief Operations Officer of Reynolds Consumer Products Inc. (REYN), had performance share units (PSUs) earned and converted and received new restricted stock units (RSUs) on February 1, 2026. The filing shows conversions/exercises of derivative awards (337 and 687 shares) and two RSU grants totaling 1,792 and 5,179 RSUs (6,971 RSUs total). To satisfy tax withholding on the vesting, 100 shares (disposed) at $23.17 ($2,317) and 220 shares at $23.17 ($5,097) were surrendered — 320 shares withheld in total (~$7,414).
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (timely).
- Derivative exercises/conversions reported: 337 and 687 shares (M-code entries).
- RSU awards/grants reported: 1,792 and 5,179 RSUs (A-code entries) — total 6,971 RSUs granted/converted.
- Tax withholding (F-code): 100 shares withheld @ $23.17 = $2,317; 220 shares withheld @ $23.17 = $5,097; total ~$7,414.
- Footnotes: PSUs granted Feb 1, 2025 were earned based on 2025 performance and converted to RSUs that vest on Feb 1, 2028 (F1–F4). RSUs have various multi-year vesting schedules noted (F6–F8) and no expiration (F5).
- Shares owned after the transactions are not specified in the provided excerpt.
Context
These entries reflect compensation-related activity (conversion of PSUs to RSUs and award of RSUs) and routine tax-withholding rather than an open-market sale or purchase. The withholding of shares to cover taxes is common in equity vesting transactions and does not necessarily indicate a bullish or bearish insider view.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-01+337→ 337 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−100$2,317→ 237 total - Exercise/Conversion
Common Stock
[F1]2026-02-01+687→ 924 total - Tax Payment
Common Stock
[F2]2026-02-01$23.17/sh−220$5,097→ 704 total - Award
Restricted Stock Units
[F1][F3][F4][F5]2026-02-01+1,792→ 1,792 total→ Common Stock (1,792 underlying) - Award
Restricted Stock Units
[F1][F6][F5]2026-02-01+5,179→ 5,179 total→ Common Stock (5,179 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7][F5]2026-02-01−337→ 336 total→ Common Stock (337 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F8][F5]2026-02-01−687→ 1,373 total→ Common Stock (687 underlying)
Footnotes (8)
- [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 three annual installments beginning on February 1, 2026, subject to the continued employment of the reporting person through each such vesting date.