Posthauer Robert F. 4
Research Summary
AI-generated summary
Newell Brands (NWL) President Robert Posthauer Receives 29,251 Shares
What Happened
- Robert F. Posthauer, President, Home & Commercial — Commercial at Newell Brands (NWL), had restricted stock units convert/vest in mid-February 2026. A total of 29,251 shares were issued to him at $0.00 (conversion of RSU/PRSU).
- To cover tax withholding on the vesting, 9,795 of those shares were surrendered/disposed, generating approximately $45,810 in value (withheld at prices of $4.70 and $4.67). Net shares added to his holdings from this vesting event: 19,456.
- These transactions are routine vesting and tax-withholding events rather than open-market purchases or discretionary sales.
Key Details
- Transaction dates and amounts:
- 2026-02-16: 6,519 shares issued (vested); 2,233 shares withheld for taxes at $4.70 (=$10,495).
- 2026-02-17: 4,027, 7,374 and 11,331 shares issued (vested); 1,380, 2,301 and 3,881 shares withheld for taxes at $4.67 (=$6,445; $10,746; $18,124).
- Total shares issued on vesting: 29,251; total withheld for taxes: 9,795; total value of withheld shares: $45,810; net new shares retained: 19,456.
- Footnotes: withholding amounts were calculated using the Company’s closing prices on Feb 13, 2026 (F1) and Feb 17, 2026 (F2). Each TRSU is one share (F3); TRSUs vest ratably in one-third increments (F4). PRSUs represent one share each and vested on Feb 17, 2026 (F6, F7).
- Transaction codes: M = exercise/conversion of a derivative (RSU/PRSU conversion to shares); F = payment/withholding for taxes.
- Filing appears timely (reporting period 2026-02-16; filed 2026-02-18). Shares owned after the transactions are not provided in the supplied data.
Context
- This was a vesting of time- and performance-based restricted stock units (not an open-market purchase or a voluntary sale). The issued shares were received at $0 because they are RSU/PRSU payouts; the only disposition was the company withholding shares to satisfy tax obligations (a routine, administrative step).
- For retail investors: vesting and tax-withholding do not signal the same intent as an open-market purchase or sale.