STOCK TITAN

SEALED AIR (SEE) CFO exits common stock as merger pays $42.15 per share

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SEALED AIR CORP/DE Chief Financial Officer Kristen Actis-Grande disposed of all reported common shares in connection with a completed merger. A total of 93,591 directly held shares of Common Stock and 502 shares held through the Sealed Air Corporation 401(k) and Profit-Sharing Plan were surrendered to the issuer.

Under the merger agreement, each outstanding share of Common Stock was cancelled and converted into the right to receive cash consideration of $42.15 per share, without interest, as described in the filing. Outstanding restricted stock units were similarly cancelled and converted into cash-based awards tied to the same merger consideration and prior vesting terms. Following these transactions, the filing shows no remaining Common Stock holdings for the reporting person.

Positive

  • None.

Negative

  • None.
Insider Actis-Grande Kristen
Role Chief Financial Officer
Type Security Shares Price Value
Disposition Common Stock 93,591 $0.00 --
Disposition Common Stock 502 $0.00 --
Holdings After Transaction: Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, 401k & Profit Sharing Plan)
Footnotes (1)
  1. In connection with the terms of an Agreement and Plan of Merger, dated November 16, 2025 (the "Merger Agreement"), by and among the Issuer, Sword Purchaser, LLC ("Sword") and Sword Merger Sub, Inc., a wholly owned subsidiary of Sword ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving (the "Surviving Corporation") as a wholly owned subsidiary of Sword (the "Effective Time"). At the Effective Time, each outstanding share of Common Stock was cancelled and extinguished and automatically converted into the right to receive $42.15 (the "Merger Consideration"), without interest, except as set forth in the Merger Agreement. At the Effective Time, each restricted stock unit ("RSU") outstanding immediately prior to the Effective Time was automatically cancelled and terminated and converted into a contingent right to receive from the Surviving Corporation an amount in cash (without interest) equal to (i) the product of (A) the aggregate number of shares of Common Stock underlying such RSU and (B) the Merger Consideration, plus (ii) any accrued and unpaid dividends or dividend equivalent rights owed with respect to such RSU, with such cash-based award subject to the terms and conditions applicable to the corresponding RSU (including time-based vesting conditions and terms related to the treatment upon termination of employment). Total number of shares of Common Stock held in the name of the reporting person under the Sealed Air Corporation 401(k) and Profit-Sharing Plan as of the Effective Time.
Direct shares disposed 93,591 shares Common Stock returned to issuer at merger effective time
401(k) shares disposed 502 shares Common Stock held in Sealed Air 401(k) & Profit-Sharing Plan
Merger consideration per share $42.15 Cash paid for each outstanding Common Stock share
Shares held after transaction 0 shares Total Common Stock holdings following merger-related disposition
Agreement and Plan of Merger regulatory
"In connection with the terms of an Agreement and Plan of Merger, dated November 16, 2025"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Consideration financial
"automatically converted into the right to receive $42.15 (the "Merger Consideration")"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
Effective Time regulatory
"with the Issuer surviving ... as a wholly owned subsidiary of Sword (the "Effective Time")"
restricted stock unit ("RSU") financial
"each restricted stock unit ("RSU") outstanding immediately prior to the Effective Time was automatically cancelled"
contingent right to receive financial
"was automatically cancelled and terminated and converted into a contingent right to receive from the Surviving Corporation an amount in cash"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Actis-Grande Kristen

(Last)(First)(Middle)
C/O SEALED AIR CORPORATION
2415 CASCADE POINTE BOULEVARD

(Street)
CHARLOTTE NORTH CAROLINA 28208

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SEALED AIR CORP/DE [ SEE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/09/2026D93,591D(1)(2)0D
Common Stock04/09/2026D502(3)D(1)0I401k & Profit Sharing Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. In connection with the terms of an Agreement and Plan of Merger, dated November 16, 2025 (the "Merger Agreement"), by and among the Issuer, Sword Purchaser, LLC ("Sword") and Sword Merger Sub, Inc., a wholly owned subsidiary of Sword ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving (the "Surviving Corporation") as a wholly owned subsidiary of Sword (the "Effective Time"). At the Effective Time, each outstanding share of Common Stock was cancelled and extinguished and automatically converted into the right to receive $42.15 (the "Merger Consideration"), without interest, except as set forth in the Merger Agreement.
2. At the Effective Time, each restricted stock unit ("RSU") outstanding immediately prior to the Effective Time was automatically cancelled and terminated and converted into a contingent right to receive from the Surviving Corporation an amount in cash (without interest) equal to (i) the product of (A) the aggregate number of shares of Common Stock underlying such RSU and (B) the Merger Consideration, plus (ii) any accrued and unpaid dividends or dividend equivalent rights owed with respect to such RSU, with such cash-based award subject to the terms and conditions applicable to the corresponding RSU (including time-based vesting conditions and terms related to the treatment upon termination of employment).
3. Total number of shares of Common Stock held in the name of the reporting person under the Sealed Air Corporation 401(k) and Profit-Sharing Plan as of the Effective Time.
/s/ Kristina Johnson, attorney-in-fact04/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did SEALED AIR (SEE) CFO Kristen Actis-Grande report in this Form 4?

The Form 4 shows Kristen Actis-Grande disposed of all reported SEALED AIR common shares in a merger transaction. Her directly held and 401(k) plan shares were cancelled and converted into the right to receive cash at the stated merger price.

How many SEALED AIR (SEE) shares were disposed of by the CFO in the merger?

The filing reports disposition of 93,591 directly held SEALED AIR common shares and 502 shares held through the company’s 401(k) and Profit-Sharing Plan. All these shares were surrendered to the issuer at the merger closing and converted into cash rights.

What merger consideration per share did SEALED AIR (SEE) stockholders receive?

Each outstanding SEALED AIR common share was cancelled and converted into the right to receive $42.15 in cash, without interest. This fixed cash amount, defined as the Merger Consideration, applied to all outstanding common shares, subject to specific exceptions in the merger agreement.

What happened to SEALED AIR (SEE) restricted stock units held by the CFO?

Each restricted stock unit outstanding immediately before the merger was cancelled and converted into a cash-based award. The cash amount equals shares underlying the RSU multiplied by $42.15, plus unpaid dividends, and continues to follow the RSU’s original time-based vesting and termination conditions.

Does the SEALED AIR (SEE) CFO hold any common stock after this Form 4 transaction?

The Form 4 reports zero SEALED AIR common shares held following the transactions. Both directly owned shares and those in the 401(k) and Profit-Sharing Plan were cancelled at the merger’s effective time and converted into rights to receive the stated cash merger consideration.

Why is the transaction in the SEALED AIR (SEE) Form 4 coded as a disposition to issuer?

The transaction uses code D, indicating a disposition to the issuer, because shares were cancelled in a merger. At the effective time, each common share was extinguished and converted into a cash right, reflecting a transfer back to the issuer rather than an open-market sale.