Newell Brands sets 2024 LTIP with 50/50 PRSU/TRSU mix, bonus targets for named executives

NEWELL BRANDS INC.

Named executive officers' 2024 LTIP awards: 50% performance-based RSUs (PRSUs) and 50% time-based RSUs (TRSUs).
PRSUs vest after 3 years based on equally-weighted Free Cash Flow Productivity and Annual Adjusted EPS Performance (0-200% payout).
TRSUs vest ratably over 3 years in one-third increments.
2024 bonus program target payouts: CEO Peterson 150%, Erceg 120%, Turner 100%, Malkoski and McDermott 85% of base salary.
Bonuses tied to corporate metrics (adjusted operating cash flow, adjusted EPS, core sales) and segment goals for two NEOs.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.