{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-003974","form_type":"8-K","ticker":"NWL","cik":"0000814453","company_name":"NEWELL BRANDS INC.","filed_at":"2024-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.990869+00:00","generated_at":"2026-06-07T02:44:46.222560+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Newell Brands approves restructuring; expects $65M-$90M annualized savings","bullets":["Office roles reduced by ~7%; actions substantially complete by end of 2024.","Annualized pre-tax savings of $65M–$90M, net of reinvestment; $55M–$70M expected in 2024.","Restructuring charges estimated $75M–$90M, mostly cash severance ($60M–$70M).","Cash expenditures of $70M–$80M; office space reduction charges $11M–$16M.","Plan centralizes retail, digital, HR teams and optimizes real estate footprint."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-003974","json":"https://secwatch.observer/filing/0001193125-24-003974.json","markdown":"https://secwatch.observer/filing/0001193125-24-003974.md","text":"https://secwatch.observer/filing/0001193125-24-003974.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814453/000119312524003974/0001193125-24-003974-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814453/000119312524003974/d103686d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T02:44:46.222560+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13dbe4f897c204c1391d347415f6e038abb39400","claim":"NEWELL BRANDS INC. announced a restructuring with charges of approximately $75 million to $90 million affecting global organizational realignment (reduce its office roles by approximately 7%).","evidence_excerpt":"The Company estimates that it will incur approximately $75 million to $90 million in restructuring and restructuring-related charges in connection with the Plan, substantially all of which are expected to be incurred by the end of fiscal 2024.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/814453/000119312524003974/0001193125-24-003974-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $75 million to $90 million"},{"label":"Affected area","value":"global organizational realignment"},{"label":"Headcount","value":"reduce its office roles by approximately 7%"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}