Duran Nicolas 4
4 · NEWELL BRANDS INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Newell Brands President Nicolas Duran Receives 85,164-Share Award
What Happened
Nicolas Duran, President, Outdoor & Recreation at Newell Brands (NWL), was granted 85,164 Time-Based Restricted Stock Units (TRSUs) on February 27, 2026. The award is reported as a derivative acquisition at $0.00 per unit (Form 4 transaction code A), reflecting a compensation grant rather than a market purchase.
Key Details
- Transaction date: 2026-02-27; reported on Form 4 filed 2026-03-03 (filed within the required two-business-day window).
- Grant: 85,164 TRSUs; price reported $0.00 (derivative award).
- Vesting: TRSUs vest ratably — 1/3 on Feb 27, 2027; 1/3 on Feb 15, 2028; remainder on Feb 15, 2029, subject to continued employment (see footnotes).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 clarifies each TRSU equals a contingent right to one share; F2 details the vesting schedule; F3: N/A.
Context
TRSUs are compensation awards that convert into actual shares if vesting conditions (here, continued employment) are met. Because this is an award (not a purchase or sale), it reflects executive compensation rather than an explicit buy/sell signal. The filing was submitted within the standard reporting window.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-02-27+85,164→ 85,164 total→ Common Stock (85,164 underlying)
Footnotes (3)
- [F1]Each Time Based Restricted Stock Unit ("TRSU") represents a contingent right to receive one share of the Company's common stock.
- [F2]The TRSUs vest ratably, with one-third (1/3) vesting on February 27, 2027, one-third (1/3) vesting on February 15, 2028, and the remainder of shares vesting on February 15, 2029, subject to continuous employment with the Company.
- [F3]N/A