Newell Brands Inc. Files Definitive Proxy Statement (DEF 14A)

Ticker: NWL · Form: DEF 14A · Filed: Mar 27, 2024 · CIK: 814453

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Newell Brands, Executive Compensation, Corporate Governance

TL;DR

<b>Newell Brands Inc. has filed its Definitive Proxy Statement (DEF 14A) for the fiscal year ending December 31, 2023, detailing executive compensation and corporate governance.</b>

AI Summary

NEWELL BRANDS INC. (NWL) filed a Proxy Statement (DEF 14A) with the SEC on March 27, 2024. Newell Brands Inc. filed a Definitive Proxy Statement (DEF 14A) on March 27, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 6655 Peachtree Dunwoody Road, Atlanta, GA 30328. The filing includes details on executive compensation, including stock awards and pension adjustments for PEO and Non-PEO members. The filing references specific members such as Mr. Saligram and Mr. Peterson.

Why It Matters

For investors and stakeholders tracking NEWELL BRANDS INC., this filing contains several important signals. This DEF 14A filing is crucial for shareholders as it outlines executive compensation packages and provides information for upcoming shareholder votes, impacting corporate governance and executive accountability. The detailed breakdown of compensation components, including stock awards and pension adjustments, allows investors to assess the alignment of executive pay with company performance and shareholder interests.

Risk Assessment

Risk Level: low — NEWELL BRANDS INC. shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures without immediate financial or operational performance indicators, thus posing a low immediate risk.

Analyst Insight

Shareholders should review the executive compensation details and any proposed resolutions to make informed voting decisions.

Key Numbers

Key Players & Entities

FAQ

When did NEWELL BRANDS INC. file this DEF 14A?

NEWELL BRANDS INC. filed this Proxy Statement (DEF 14A) with the SEC on March 27, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by NEWELL BRANDS INC. (NWL).

Where can I read the original DEF 14A filing from NEWELL BRANDS INC.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by NEWELL BRANDS INC..

What are the key takeaways from NEWELL BRANDS INC.'s DEF 14A?

NEWELL BRANDS INC. filed this DEF 14A on March 27, 2024. Key takeaways: Newell Brands Inc. filed a Definitive Proxy Statement (DEF 14A) on March 27, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 6655 Peachtree Dunwoody Road, Atlanta, GA 30328..

Is NEWELL BRANDS INC. a risky investment based on this filing?

Based on this DEF 14A, NEWELL BRANDS INC. presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures without immediate financial or operational performance indicators, thus posing a low immediate risk.

What should investors do after reading NEWELL BRANDS INC.'s DEF 14A?

Shareholders should review the executive compensation details and any proposed resolutions to make informed voting decisions. The overall sentiment from this filing is neutral.

How does NEWELL BRANDS INC. compare to its industry peers?

Newell Brands Inc. operates in the consumer goods sector, manufacturing and marketing a wide range of household products.

Are there regulatory concerns for NEWELL BRANDS INC.?

The filing is a DEF 14A, a standard SEC filing required for public companies soliciting proxies from shareholders for annual or special meetings.

Industry Context

Newell Brands Inc. operates in the consumer goods sector, manufacturing and marketing a wide range of household products.

Regulatory Implications

The filing is a DEF 14A, a standard SEC filing required for public companies soliciting proxies from shareholders for annual or special meetings.

What Investors Should Do

  1. Review the detailed executive compensation tables for key executives like Mr. Saligram and Mr. Peterson.
  2. Analyze the breakdown of stock awards, option awards, and pension adjustments to understand executive pay structure.
  3. Evaluate any proposals or resolutions presented for shareholder vote to inform voting decisions.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure and does not represent a change from previous filings in terms of reporting format or frequency for this type of document.

Filing Stats: 4,814 words · 19 min read · ~16 pages · Grade level 13.6 · Accepted 2024-03-27 16:05:53

Key Financial Figures

Filing Documents

Executive Compensation

Executive Compensation 31 Certain Beneficial Owners 91 Audit Committee Report 93 Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm 94 Proposal 3 – Advisory Resolution to Approve Named Executive Officer Compensation 95 Proposal 4 – Approval of an Amendment to the Newell Brands Inc. 2022 Incentive Plan 96 Equity Compensation Plan Information 108 Proposal 5 – Approval of an Amendment to the Company's Restated Certificate of Incorporation to Include an Officer Exculpation Provision 109 Other Business 110 Appendix A – Newell Brands Inc. 2022 Incentive Plan (As Amended May 9, 2024) A-1 Appendix B – Amendment to Restated Certificate of Incorporation of Newell Brands Inc. B-1 NEWELL BRANDS INC. 6655 Peachtree Dunwoody Road, Atlanta, Georgia 30328 PROXY STATEMENT FOR ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 9, 2024 You are receiving this Proxy Statement (the " Proxy Statement ") and proxy card in connection with the 2024 annual meeting of stockholders (the " Annual Meeting ") of Newell Brands Inc. (" Newell " or the " Company ") to be held in an in-person meeting format, at 9:00 a.m., Eastern Time, on May 9, 2024 at The Westin Atlanta Perimeter North, 7 Concourse Parkway, NE, Atlanta, GA 30328. Proxy materials or a Notice of Internet Availability of Proxy Materials (the " Notice ") are being first released or mailed to stockholders on or about March 27, 2024. In accordance with rules and regulations adopted by the U.S. Securities and Exchange Commission (the " SEC "), the Company may furnish proxy materials by providing Internet access to those documents, instead of mailing a printed copy of the Company's proxy materials to each stockholder of record. The Notice contains instructions on how to access our proxy materials and vote online, or alternatively, request a paper copy of the proxy materials and a proxy card. QUESTIONS AND ANSWERS ABOUT VOTING AT THE ANNUAL MEETING A

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on Read The Filing