V. LANCE MITCHELL - 05 Dec 2024 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President and CEO, Director
Signature
/s/ C. David Watson, Attorney-in-Fact for V. Lance Mitchell
Issuer symbol
REYN
Transactions as of
05 Dec 2024
Net transactions value
-$176,109
Form type
4
Filing time
09 Dec 2024, 16:04:39 UTC
Previous filing
05 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +4,605 +2.8% $0.000000 168,355 05 Dec 2024 Direct F1
transaction REYN Common Stock Tax liability $127,835 -4,605 -2.7% $27.76 163,750 05 Dec 2024 Direct F2
transaction REYN Common Stock Options Exercise $0 +876 +0.53% $0.000000 164,626 05 Dec 2024 Direct F1
transaction REYN Common Stock Tax liability $24,318 -876 -0.53% $27.76 163,750 05 Dec 2024 Direct F2
transaction REYN Common Stock Options Exercise $0 +863 +0.53% $0.000000 164,613 05 Dec 2024 Direct F1
transaction REYN Common Stock Tax liability $23,957 -863 -0.52% $27.76 163,750 05 Dec 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction REYN Restricted Stock Units Options Exercise $0 -4,605 -4% $0.000000 109,175 05 Dec 2024 Common Stock 4,605 Direct F1, F3, F4
transaction REYN Restricted Stock Units Options Exercise $0 -876 -2% $0.000000 42,468 05 Dec 2024 Common Stock 876 Direct F1, F3, F5
transaction REYN Restricted Stock Units Options Exercise $0 -863 -1% $0.000000 82,981 05 Dec 2024 Common Stock 863 Direct F1, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of restricted stock units ("RSUs") having a value sufficient to cover certain tax withholding obligations as described in footnote (2) below.
F2 Represents units withheld from an RSU award held by the reporting person to satisfy FICA and related taxes associated with the retirement or enhanced retirement eligibility of the reporting person under the terms of such award.
F3 Each RSU represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
F4 The RSUs vest on February 1, 2026.
F5 The RSUs vest equally on February 1, 2025 and February 1, 2026.
F6 The RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of February 1, 2024.