Terry Anthony E 4

What Happened

• Terry Anthony E, a director of Newell Brands Inc. (NWL), had derivative activity and a new equity award reported on May 7, 2026. The Form 4 shows an exercise/conversion of 30,418 derivative units (code M) into shares (acquired at $0.00) and an immediate disposition of 30,418 derivative shares (disposed at $0.00). The filing also reports a grant of 39,325 restricted stock units (RSUs) (code A) at $0.00. The filing records no cash value for these transactions.

Key Details

• Transaction date: 2026-05-07; Form 4 filed 2026-05-11 covering these transactions.
• Conversions/exercises: 30,418 derivative units converted/acquired @ $0.00 (code M) and 30,418 derivative shares disposed @ $0.00 (code M).
• Grant: 39,325 RSUs awarded @ $0.00 (code A).
• Shares owned after the transactions: not stated in the provided filing excerpt.
• Footnotes: F1 clarifies each RSU equals a contingent right to one share. F3 states the RSU award vests in full on the earlier of (i) the first anniversary of the grant or (ii) the next annual shareholders’ meeting (≥50 weeks after prior meeting), subject to continued board service.
• Filing timeliness: form filed May 11 reporting May 7 activity; the filing does not indicate late-filing status.

Context

• These were not open-market purchases or sales of common stock but a conversion/settlement of derivative securities plus a grant of RSUs. The zero-dollar amounts reflect conversion/award mechanics rather than an arm’s‑length cash transaction. The filing does not specify why the same 30,418 derivative units were also recorded as disposed (e.g., net settlement or tax withholding); that detail is not provided.