Malkoski Kristine Kay 4
4 · NEWELL BRANDS INC. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Newell Brands (NWL) President Kristine Malkoski Exercises RSUs
What Happened
Kristine Kay Malkoski, President, Learning & Development at Newell Brands (NWL), had restricted stock units convert to common shares on February 16–17, 2026. In total 137,200 units converted into shares (exercise/conversion code M, $0 exercise price). To cover tax withholding (code F), 42,301 shares were withheld and disposed, generating approximately $197,818 in value. Net shares added to her holdings from the vesting/conversion were 94,899 shares.
Key Details
- Transactions: Feb 16–17, 2026
- Conversions (M): 30,421; 19,016; 34,254; 53,509 shares (total 137,200) at $0.00 exercise price.
- Tax withholdings (F): 9,078 @ $4.70 ($42,667); 5,675 @ $4.67 ($26,502); 10,222 @ $4.67 ($47,737); 17,326 @ $4.67 ($80,912). Total withheld value ≈ $197,818.
- Net increase in shares held: 137,200 converted − 42,301 withheld = 94,899 net new shares.
- Shares owned after transaction: Not disclosed on summary provided.
- Relevant footnotes:
- Withholding valued using closing prices on Feb 13 and Feb 17, 2026 (F1, F2).
- TRSUs vest ratably in one-third increments over three years (F4, F5).
- PRSUs vested on Feb 17, 2026, subject to employment (F7, F8).
- Some shares are in a joint account with spouse (F3).
- Filing timeliness: No late filing flag indicated in the information provided.
Context
- These were conversions/vestings of time-based and performance-based restricted stock units (TRSUs and PRSUs), not open-market purchases or discretionary sales. The conversion had no cash exercise price; shares were withheld to satisfy tax obligations (a routine, cashless-like settlement for tax withholding). Transaction codes: M = exercise/conversion of derivative; F = shares withheld/paid to cover taxes.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-16+30,421→ 250,768 total - Tax Payment
Common Stock
[F1]2026-02-16$4.70/sh−9,078$42,667→ 241,690 total - Exercise/Conversion
Common Stock
2026-02-17+19,016→ 260,706 total - Tax Payment
Common Stock
[F2]2026-02-17$4.67/sh−5,675$26,502→ 255,031 total - Exercise/Conversion
Common Stock
2026-02-17+34,254→ 289,285 total - Tax Payment
Common Stock
[F2]2026-02-17$4.67/sh−10,222$47,737→ 279,063 total - Exercise/Conversion
Common Stock
2026-02-17+53,509→ 332,572 total - Tax Payment
Common Stock
[F2]2026-02-17$4.67/sh−17,326$80,912→ 315,246 total - Exercise/Conversion
Restricted Stock Units
[F4][F5][F6]2026-02-16−30,421→ 30,422 total→ Common Stock (30,421 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F5][F6]2026-02-17−19,016→ 0 total→ Common Stock (19,016 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F5][F6]2026-02-17−34,254→ 68,509 total→ Common Stock (34,254 underlying) - Exercise/Conversion
Restricted Stock Units
[F7][F8][F6]2026-02-17−53,509→ 0 total→ Common Stock (53,509 underlying)
- 10,850(indirect: By Spouse)
Common Stock
- 900
Common Stock
[F3]
Footnotes (8)
- [F1]Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 13, 2026.
- [F2]Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 17, 2026.
- [F3]Represents shares owned in a joint account with the reporting person's spouse.
- [F4]Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock.
- [F5]The TRSU vests ratably in one-third increments on the grant date's first, second and third anniversaries, subject to the reporting person's continuous employment with the Company.
- [F6]N/A
- [F7]Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock.
- [F8]The terms of the reporting person's PRSUs provide for vesting on February 17, 2026, subject to continuous employment with the Company.