Newell Brands (NWL) executive RSUs vest; shares withheld to cover taxes
Newell Brands executive Melanie Arlene Huet had 1,943 restricted stock units vest into common stock on May 31, 2026. To cover tax obligations on this vesting, 580 shares were withheld, calculated at a closing stock price of $3.40 per share on May 29, 2026. This transaction is characterized as an exercise of derivative securities and a tax-withholding disposition, not an open-market sale.
https://www.stocktitan.net/sec-filings/NWL/form-4-newell-brands-inc-insider-trading-activity-2c0ad8e8d284.html