Duran Nicolas 4

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.