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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): May 14, 2025 (May 8, 2025)

NEWELL BRANDS INC.

(Exact name of registrant as specified in its charter)

 

 

 

 

 

Delaware

1-9608

36-3514169

(State or Other Jurisdiction
of Incorporation)

(Commission

File Number)

(IRS Employer
Identification Number)

5 Concourse Parkway NE, 8th Floor
Atlanta, GA 30328

(Address of principal executive offices including zip code)

(770) 418-7000

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

TITLE OF EACH CLASS

TRADING

SYMBOL

NAME OF EACH EXCHANGE

ON WHICH REGISTERED

Common stock, $1 par value per share

NWL

Nasdaq Stock Market LLC

Securities registered pursuant to Section 12(g) of the Act: None

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 


 

 

 

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

 

As described in Item 5.07 below, on May 8, 2025, at the Annual Meeting of Stockholders (the “Annual Meeting”) of Newell Brands Inc. (the “Company”), the stockholders of the Company approved an amendment to the Newell Brands Inc. 2022 Incentive Plan (the “Plan”). The amendment increased the aggregate share reserve (and the number of shares that may be subject to incentive stock options) under the Plan by 13,000,000 shares of common stock. For more information on the amendment, please see the related proposal in the Proxy Statement (as defined in Item 5.07 below).

The foregoing description of the amendment and the Plan, as amended, does not purport to be complete and is qualified in its entirety by reference to the full text of the amended Plan, a copy of which is attached as Exhibit 10.1 and is incorporated herein by reference.

Item 5.07

Submission of Matters to a Vote of Security Holders.

 

 

The Company held its Annual Meeting on May 8, 2025. For more information on the proposals presented at the meeting, please see the Company’s Definitive Proxy Statement, filed with the SEC on March 27, 2025 (the “Proxy Statement”), the relevant portions of which are incorporated herein by reference.

The number of shares of common stock voted on matters presented at the Annual Meeting was 383,969,944 of the 417,676,055 shares outstanding as of the March 12, 2025 record date for the Annual Meeting. Below is a summary of the items voted on by the stockholders at the Annual Meeting.

The stockholders elected each of the following nine nominees to the Board of Directors for a one-year term by a majority vote:

For

Against

Abstain

Broker Non-Votes

Bridget Ryan Berman

347,621,944

5,083,879

353,543

30,910,578

Patrick D. Campbell

324,120,862

28,601,708

336,796

30,910,578

James P. Keane

346,865,886

5,851,937

341,543

30,910,578

Gerardo I. Lopez

347,753,284

4,852,357

453,725

30,910,578

Christopher H. Peterson

350,210,590

2,483,434

365,342

30,910,578

Gary H. Pilnick

350,451,271

2,262,392

345,703

30,910,578

Judith A. Sprieser

347,985,871

4,645,184

428,311

30,910,578

Stephanie P. Stahl

344,917,294

7,609,964

532,108

30,910,578

Anthony Terry

348,152,421

4,475,247

431,698

30,910,578

The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025:

For

Against

Abstain

380,861,381

2,529,860

578,703

 

The stockholders approved the advisory resolution to approve named executive officer compensation (“Say-On-Pay”):

For

Against

Abstain

Broker Non-Votes

297,871,146

54,548,725

639,495

30,910,578

 

The stockholders approved an amendment to the Newell Brands Inc. 2022 Incentive Plan:

For

Against

Abstain

Broker Non-Votes

336,467,118

16,085,069

507,179

30,910,578

 

2


 

The stockholders did not approve a stockholder proposal to approve additional stock retention requirements for executives:

For

Against

Abstain

Broker Non-Votes

113,009,379

239,351,439

698,548

30,910,578

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

 

 

 

Exhibit No.

Exhibit Description

 

 

10.1

 

Newell Brands Inc. 2022 Incentive Plan, as amended May 8, 2025.

 

 

104

Cover Page Interactive Data File (formatted as inline XBLR and embedded within the document)

 

3


 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

 

 

 

 

 

 

NEWELL BRANDS INC.

 

 

 

 

 Dated: May 14, 2025

 

By:

/s/ Bradford R. Turner

 

 

 

Bradford R. Turner

 

 

 

Chief Legal and Administrative Officer and Corporate Secretary