Malkoski Kristine Kay 4

What Happened

• Kristine Kay Malkoski, President, Learning & Development at Newell Brands, had 75,216 Performance-Based Restricted Stock Units (PRSU) convert to common stock on July 5, 2026. The converted shares are reported at $5.83 each for a gross value of $438,509.
• To satisfy tax withholding, 33,727 of those shares were withheld (valued at $5.83 each, $196,628). Net shares issued to Malkoski after withholding: 41,489 shares (net value retained ≈ $241,881).
• These transactions are conversions/settlements of PRSUs (derivative-to-stock conversion) rather than an open-market purchase or sale.

Key Details

• Transaction date: July 5, 2026. Form 4 filed July 7, 2026 (timely within the required reporting window).
• Prices and values reported: 75,216 shares @ $5.83 = $438,509 (gross); 33,727 shares withheld @ $5.83 = $196,628 (tax withholding).
• Net shares received: 41,489 shares (75,216 - 33,727). Net value retained ≈ $241,881.
• Footnotes: PRSUs convert 1:1 to common stock (F2). The grant had 70% vesting on July 5, 2025 and 30% vesting on July 5, 2026 (F3). Withholding calculation used the company’s closing stock price on July 2, 2026 (F1).
• Shares owned after the transaction are not disclosed in this Form 4.

Context

• This is a vesting/settlement of previously granted performance-based restricted stock units; the withholding of shares to cover taxes is routine and does not indicate an open-market sale. M (exercise/conversion) reports the derivative conversion; F indicates share withholding for tax obligations.