Reynolds Consumer Products Inc.
For the period ended Apr 29, 2026. Filed Mar 18, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 29, 2026 · Filed Mar 18, 2026
Contents
Pay Versus Performance
Please refer to the CD&A in its entirety for a full discussion on how the CNG Committee makes its decisions on executive compensation and our pay-for-performance compensation philosophy. The following table sets forth additional compensation information regarding our principal executive officer (“PEO” or “CEO”), and our other NEOs (averaged), along with total shareholder return (“TSR”), net income and Adjusted EBIT performance results for our 2025, 2024, 2023, 2022 and 2021 fiscal years:
| Year · Summary Compensation Table Total for PEO($)(1) · Compensation Actually Paid to PEO(2)(3)($) · Average Summary Compensation Table Total for Non-PEO NEOs(1)($) · Average Compensation Actually Paid to Non-PEO NEOs(2)(3)($) · Value of Initial Fixed $100 Investment Based On: · Net Income($m) · Adjusted EBIT(6)($m) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company TSR(4)($) · Peer Group TSR(4)(5)($) | ||||||||
| 2025 | 6,722,725 | 5,385,797 | 2,491,856 | 2,397,201 | 90 | 105 | 301 | 532 |
| 2024 | 8,642,216 | 10,556,908 | 2,032,894 | 2,397,246 | 102 | 123 | 352 | 549 |
| 2023 | 8,721,018 | 9,414,595 | 2,171,986 | 2,291,678 | 98 | 106 | 298 | 512 |
| 2022 | 6,805,161 | 3,692,477 | 1,715,941 | 1,096,076 | 106 | 105 | 258 | 429 |
| 2021 | 5,940,377 | 3,389,548 | 1,480,706 | 1,022,817 | 108 | 114 | 324 | 492 |
(1)Scott Huckins was our PEO for all of 2025 and Lance Mitchell was our PEO for all of 2024, 2023, 2022 and 2021. The non-PEO NEOs represent the following individuals for each of the years shown:
2025: Nathan Lowe, CFO, Jill Barnett, Chief Legal Officer and Corporate Secretary, Ryan Clark, President, Hefty Tableware and Carlen Hooker, Chief Commercial Officer;
2024: Scott Huckins, who served as CFO (a non-PEO NEO) for the entirety of the reporting year, Rachel Bishop, President, Hefty Tableware, Judith Buckner, President, Reynolds Cooking & Baking and Steve Estes, Chief Administrative Officer;
2023: Scott Huckins, CFO, Rachel Bishop, President, Hefty Tableware, Judith Buckner, President, Reynolds Cooking & Baking, Lisa Smith, President, Hefty Waste and Storage and Michael Graham, former CFO;
2022: Michael Graham, CFO, Rachel Bishop, President, Hefty Tableware, Judith Buckner, President, Reynolds Cooking & Baking, Lisa Smith, President, Hefty Waste and Storage and Craig Cappel, former President, Reynolds Cooking & Baking; and
2021: Michael Graham, CFO, Craig Cappel, former President, Reynolds Cooking & Baking, Stephan Pace, President, Sales and Chief Customer Officer and Steve Estes, Chief Administrative Officer.
(2)To calculate compensation actually paid (“CAP”), the following amounts were deducted from and added to the Summary Compensation Table (“SCT”) total compensation for 2025 (the equity adjustments for 2021-2024 were set forth in the proxy statements for our 2024 and 2023 annual meeting of stockholders):
PEO SCT Total to CAP Reconciliation
| Year | SCT Total($) | Deductionsfrom SCT Total ($)(i) | Additionsto SCT Total($)(ii) | CAP($) |
|---|---|---|---|---|
| 2025 | 6,722,725 | (4,856,684) | 3,519,756 | 5,385,797 |
(i)Represents the following:
| Year | Grant Date Fair Value of Covered Year Equity Awards($) | Change in Fair Value at Covered Year End from Prior Year End of Prior Years' Awards that were Unvested at the End of Covered Year($) | Change in Fair Value at Vesting Date from Prior Year End of Prior Years' Awards that Vested in Covered Year($) | Deductionsfrom SCT Total ($) |
|---|---|---|---|---|
| 2025 | (4,499,988) | (316,536) | (40,160) | (4,856,684) |
(ii) Represents the following:
| Year | Fair Value at Covered Year End of Equity Awards Granted in Covered Year($) | Additionsto SCT Total($) |
|---|---|---|
| 2025 | 3,519,756 | 3,519,756 |
Average Non-PEO NEO SCT Total to CAP Reconciliation
| Year | SCT Total($) | Deductionsfrom SCT Total ($)(iii) | Additionsto SCT Total($)(iv) | CAP($) |
|---|---|---|---|---|
| 2025 | 2,491,856 | (1,618,964) | 1,524,309 | 2,397,201 |
(iii) Represents the following:
| Year | Grant Date Fair Value of Covered Year Equity Awards($) | Change in Fair Value at Covered Year End from Prior Year End of Prior Years' Awards that were Unvested at the End of Covered Year($) | Deductionsfrom SCT Total ($) |
|---|---|---|---|
| 2025 | (1,604,935) | (14,029) | (1,618,964) |
(iv) Represents the following:
| Year | Fair Value at Covered Year End of Equity Awards Granted in Covered Year($) | Change in Fair Value at Vesting Date from Prior Year End of Prior Years' Awards that Vested in Covered Year($) | Additionsto SCT Total($) |
|---|---|---|---|
| 2025 | 1,524,123 | 186 | 1,524,309 |
None of the NEOs are accruing benefits under a pension plan for services rendered in any of the covered years, and therefore no additions are required for pension plan service cost in determining CAP.
(3) Assumptions used in the valuation of equity awards for purposes of calculating compensation actually paid were the same as at the grant date except for adjusting for expected and actual performance of PSUs at each measurement date.
(4)Total shareholder return as calculated based on a fixed investment of $100 measured from the market close on December 31, 2020 through and including the end of the fiscal year for each year reported in the table.
(5)The complete list of our peer group used for the TSR calculation is the same group of companies used by us for purposes of the performance graph in our Annual Report on Form 10-K and comprises: Church & Dwight Co., Inc., The Clorox Company, Colgate-Palmolive Company, Energizer Holdings, Inc., Kimberly-Clark Corporation, Newell Brands Inc., The Procter & Gamble Company, The Scotts Miracle-Gro Company, Spectrum Brands Holdings, Inc. and WD-40 Company.
(6)Our company-selected measure, which is the measure we believe represents the most important financial performance measure not otherwise presented in the table above that we use to link Compensation Actually Paid to our NEOs for fiscal 2025 to our company’s performance is Adjusted EBIT. Adjusted EBIT is a non-GAAP financial measure. Refer to Appendix A to this Proxy Statement for a reconciliation of this non-GAAP financial measure to the corresponding GAAP measure.
Financial Performance Measures
The most important financial performance measures used by us to link executive compensation actually paid to the Company’s NEOs, for 2025, to our performance are as follows:
Most Important Performance Measures
Adjusted EBIT
Revenue
Adjusted Earnings per Share
Adjusted Free Cash Flow
Relationship between Pay and Performance
The charts below present a graphical comparison of Compensation Actually Paid to our PEO and the average Compensation Actually Paid to our Non-PEO NEOs set forth in the Pay Versus Performance table above, as compared against the following performance measures: our (1) TSR and peer group TSR, (2) net income, and (3) Adjusted EBIT. Refer to Appendix A to this Proxy Statement for a reconciliation of Adjusted EBIT to the corresponding GAAP measure for the periods presented.
Compensation Actually Paid vs. Cumulative Company TSR and Cumulative Peer Group TSR
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Adjusted EBIT
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