NEWELL BRANDS INC.·4

Feb 18, 4:02 PM ET

Huet Melanie Arlene 4

Research Summary

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Newell Brands (NWL) Melanie Huet Converts RSUs, Receives 39,860 Shares

What Happened

  • Melanie Arlene Huet, President, Home & Com - Home at Newell Brands (NWL), had restricted stock units convert into common shares on Feb 16–17, 2026. A total of 58,591 shares were acquired upon conversion (exercise/conversion code M; $0 exercise price). To satisfy tax withholding (code F), 18,731 shares were surrendered: 4,562 shares withheld on Feb 16 at $4.70/share ($21,441) and 14,169 shares withheld on Feb 17 at $4.67/share ($66,170). Net shares retained after withholding = 39,860. This was vesting/conversion of awards, not an open‑market purchase or voluntary sale.

Key Details

  • Transaction dates: Feb 16, 2026 and Feb 17, 2026.
  • Converted (M) shares: 58,591 total (14,341 on Feb 16; 6,460, 19,613, 18,177 on Feb 17).
  • Tax withholding (F): 18,731 shares (4,562 @ $4.70 on Feb 16; 1,928, 5,853, 6,388 @ $4.67 on Feb 17); total withheld value ≈ $87,611.
  • Net shares received: 39,860.
  • Footnotes: Awards include Time‑Based RSUs (TRSUs) and Performance‑Based RSUs (PRSUs). TRSUs vest ratably over 1st, 2nd and 3rd anniversaries; PRSUs vested on Feb 17, 2026. Withholding prices based on closing stock prices (Feb 13 for the Feb 16 withholding; Feb 17 for Feb 17 withholding).
  • Filing timeliness: Form 4 filed Feb 18, 2026 for transactions on Feb 16–17 — filing appears timely (no late filing noted).

Context

  • These entries reflect vesting/conversion of restricted stock units (derivative instruments) into common shares (exercise/conversion code M) and routine share withholding to cover tax liabilities (code F). No cash exercise price was paid ($0), and the withholding is a common, administrative step rather than an open‑market sale. The activity does not, by itself, indicate a buy or sell sentiment.