other
confidence high
sentiment neutral
materiality 0.40
Newell Brands approves 2025 LTIP with 50/50 PRSU/TRSU mix and bonus targets for NEOs
NEWELL BRANDS INC.
- 2025 LTIP awards split 50% performance-based RSUs (PRSUs) and 50% time-based RSUs (TRSUs) for salary bands 9-15.
- PRSUs vest after 3-year period based equally on Free Cash Flow Productivity and Annual Adjusted EPS; payout 0%-200%.
- TRSUs vest ratably in one-third increments over first three anniversaries from grant date.
- 2025 bonus targets as % of salary: CEO Peterson 175%, CFO Erceg 120%, Legal Turner 105%, others 90%.
- Bonus metrics: adjusted operating cash flow, adjusted EPS, core sales, and productivity/forecast accuracy goals.