January 24, 2024 · Form 4 insider transaction
Swartzberg Mark D. bought 5,285 shares of Reynolds Consumer Products Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.; On February 1, 2023, the reporting person was granted performance share units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period consisting of fiscal 2023. As determined on January 24, 2024, based on the Company's actual performance for 2023, the reporting person earned 5,285 PSUs, which are now the equivalent of RSUs with a service-based vesting condition and will vest as described in footnote 3.; The RSUs vest on February 1, 2026.