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Ownership Document
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| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 1/24/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1786431 |
| Issuer Name: Reynolds Consumer Products Inc. |
| Issuer Trading Symbol: REYN |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1839036 |
| | Owner Name: Smith Lisa M |
| Reporting Owner Address: |
| | Owner Street 1: C/O REYNOLDS CONSUMER PRODUCTS INC. |
| | Owner Street 2: 1900 W. FIELD COURT |
| | Owner City: LAKE FOREST |
| | Owner State: IL |
| | Owner ZIP Code: 60045 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President, Hefty Waste&Storage |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 1/24/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 19,819 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 19,819 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 19,819 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock. |
| Footnote - F2: On February 1, 2023, the reporting person was granted performance share units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period consisting of fiscal 2023. As determined on January 24, 2024, based on the Company's actual performance for 2023, the reporting person earned 19,819 PSUs, which are now the equivalent of RSUs with a service-based vesting condition and will vest as described in footnote 3. |
| Footnote - F3: The RSUs vest on February 1, 2026. |
| Remarks: Exhibit 24 - Power of Attorney |
| Owner Signature: |
| Signature Name: /s/ C. David Watson, Attorney-in-Fact for Lisa M. Smith (Power of Attorney filed herewith) |
| Signature Date: 1/25/24 |
