Sealed Air (SEE) General Counsel reports RSU tax-withholding share transactions
Rhea-AI Filing Summary
Sealed Air Corporation’s General Counsel and Secretary reported routine share withholding tied to equity compensation. On Dec. 22, 2025, the company withheld 1,060 shares of common stock at $41.26 per share and a separate 993-share block at the same price to cover tax liabilities from accelerated vesting of previously granted restricted stock units (RSUs). This acceleration was made to mitigate tax effects under Sections 280G and 4999 of the Internal Revenue Code in connection with a merger agreement among Sword Purchaser, LLC, Sword Merger Sub, Inc., and Sealed Air. After these transactions, the reporting officer beneficially owned 19,416 shares of common stock, which includes unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,060 | $41.26 | $44K |
| Tax Withholding | Common Stock | 993 | $41.26 | $41K |
Footnotes (1)
- Shares withheld to meet tax liabilities associated with accelerated vesting of previously granted restricted stock units (RSUs). To mitigate the impact of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of Nov. 16, 2025, by and among Sword Purchaser, LLC, Sword Merger Sub, Inc., and Sealed Air, certain RSUs held by the Reporting Person vested on Dec. 22, 2025, subject to certain repayment conditions in the event that employment terminates for certain reasons prior to the date the RSUs otherwise would vest. Includes unvested restricted stock units.
FAQ
What insider transaction did Sealed Air (SEE) report in this Form 4?
The General Counsel and Secretary of Sealed Air Corporation reported that shares of common stock were withheld on Dec. 22, 2025 to satisfy tax obligations arising from accelerated vesting of restricted stock units.
Why were the Sealed Air (SEE) RSUs accelerated for the reporting person?
The RSUs vested on Dec. 22, 2025 to help mitigate the impact of Sections 280G and 4999 of the Internal Revenue Code in connection with a merger agreement involving Sword Purchaser, LLC, Sword Merger Sub, Inc., and Sealed Air.
What conditions apply to the accelerated RSU vesting at Sealed Air (SEE)?
The accelerated vesting is subject to repayment conditions if the reporting person’s employment terminates for certain reasons before the date the RSUs otherwise would have vested.
What is the role of the reporting person at Sealed Air (SEE)?
The reporting individual is an officer of Sealed Air Corporation, serving as General Counsel and Secretary.