SEALED AIR CORP/DE (SEE)

AI-Powered SEC Filing Analysis

Current Report Filed: 2025-12-29

Key Insights

  • Sealed Air Corporation is being acquired by an affiliate of Clayton, Dubilier & Rice, LLC in a merger transaction.
  • To mitigate the potential impact of excess parachute payments, the company's Board and Compensation Committee approved the acceleration of certain equity awards and cash-based awards for key executives.
  • The accelerated payments are subject to repayment and true-up conditions, including potential repayment if the executive's employment is terminated for cause or voluntarily prior to the 2026 bonus payout.
Insider Trading Filed: 2025-12-29

Key Insights

  • The reporting person, Byron Jason Racki, is the President of the Protective division of Sealed Air Corporation (SEE), indicating his seniority and importance within the company.
  • Racki engaged in a significant number of stock transactions, including the disposition of 2,593 shares to cover tax liabilities related to the accelerated vesting of restricted stock units (RSUs).
  • The transactions appear to be related to the Agreement and Plan of Merger between Sealed Air and Sword Purchaser, LLC, which may have triggered the accelerated vesting of Racki's RSUs.
Insider Trading Filed: 2025-12-29

Key Insights

  • Insider Veronika Johnson, the CAO and Controller, has made several transactions on December 22, 2025, disposing of a total of 6,479 shares of Sealed Air Corp/DE (SEE) through tax withholding on the accelerated vesting of restricted stock units.
  • The reporting person holds a remaining 28,022 shares directly and an additional 19,034 shares indirectly through a 401(k) plan and her husband, indicating continued ownership in the company.
  • The transactions appear to be related to a merger agreement announced on November 16, 2025, which may have triggered the accelerated vesting of the restricted stock units.
Insider Trading Filed: 2025-12-29

Key Insights

  • The reporting person, Dustin J. Semach, who is the President and CEO of Sealed Air Corp/DE (SEE), engaged in multiple transactions involving the disposition of common stock on December 22, 2025, likely to cover tax liabilities associated with the accelerated vesting of previously granted restricted stock units (RSUs).
  • The total number of common shares beneficially owned by the reporting person has decreased from 217,389 to 186,472 as a result of these transactions, indicating a significant reduction in his direct ownership position.
  • The reporting person also holds an indirect interest of 1,065 shares of common stock through the Sealed Air Corporation 401(k) and Profit-Sharing Plan, which should be considered in the overall analysis of his beneficial ownership.
Insider Trading Filed: 2025-12-29

Key Insights

  • The reporting person, Belinda Hyde, is the Chief People Officer of Sealed Air Corporation and has exercised restricted stock units (RSUs) that vested on December 22, 2025, with a portion of the shares being withheld to meet tax liabilities.
  • The total number of Sealed Air common stock beneficially owned by the reporting person, including unvested RSUs, is 11,422 shares.
  • The reporting person holds an additional 272 shares of Sealed Air common stock in the company's 401(k) and Profit-Sharing Plan.
Insider Trading Filed: 2025-12-29

Key Insights

  • The reporting person, Stefanie M. Holland, is the General Counsel and Secretary of Sealed Air Corp/DE and conducted transactions involving the company's common stock.
  • The transactions were related to the accelerated vesting of previously granted restricted stock units (RSUs) due to the pending merger agreement with Sword Purchaser, LLC and Sword Merger Sub, Inc.
  • The reporting person disposed of 2,053 shares of common stock to meet tax liabilities associated with the accelerated vesting of the RSUs.
Insider Trading Filed: 2025-12-29

Key Insights

  • The reporting person, Kristen Actis-Grande, the Chief Financial Officer of Sealed Air Corporation, disposed of 11,202 shares of the company's common stock on December 22, 2025 through share withholding to meet tax liabilities associated with the accelerated vesting of previously granted restricted stock units.
  • The disposition of shares was due to a corporate transaction, specifically the Agreement and Plan of Merger dated November 16, 2025, which triggered the accelerated vesting of the restricted stock units.
  • The reporting person continues to hold 81,984 shares of the company's common stock, including unvested restricted stock units, after the reported transactions.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.