Merger cashes out Sealed Air (NYSE: SEE) director’s 10,893 shares

Rhea-AI Filing Summary

SEALED AIR CORP/DE director Anthony J. Allott disposed of his remaining shares in connection with a merger. On the transaction date, 10,893 shares of Common Stock were surrendered to the issuer, leaving him with 0 shares directly owned. Under the merger terms, each cancelled share was converted into the right to receive $42.15 in cash, without interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ALLOTT ANTHONY J

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	10,893	$0.00	--

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

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Key Figures

Shares disposed: 10,893 shares Merger cash consideration per share: $42.15 per share Shares held after transaction: 0 shares +1 more

4 metrics

Shares disposed 10,893 shares Common Stock cancelled in merger-related disposition to issuer

Merger cash consideration per share $42.15 per share Each cancelled Common Stock share converted into right to receive cash

Shares held after transaction 0 shares Direct ownership of Anthony J. Allott following merger Effective Time

Transaction date 2026-04-09 Date of Form 4-reported disposition to issuer

Key Terms

Agreement and Plan of Merger, Merger Agreement, Effective Time, wholly owned subsidiary, +1 more

5 terms

Agreement and Plan of Merger financial

"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 Agreement financial

"dated November 16, 2025 (the "Merger Agreement"), by and among the Issuer, Sword Purchaser, LLC"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

Effective Time financial

"Sword Merger Sub, Inc. ... with the Issuer surviving ... (the "Effective Time"). At the Effective Time, each outstanding share"

wholly owned subsidiary financial

"with the Issuer surviving as a wholly owned subsidiary of Sword"

A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.

Common Stock financial

"each outstanding share of Common Stock was cancelled and extinguished and automatically converted"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

ALLOTT ANTHONY J

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/09/2026		D		10,893	D	(1)	0	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 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, without interest, except as set forth in the Merger Agreement.

	/s/ Kristina Johnson, attorney-in-fact	04/09/2026
	** Signature of Reporting Person	Date
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 insider transaction did SEALED AIR (SEE) report for Anthony J. Allott?

SEALED AIR reported that director Anthony J. Allott disposed of 10,893 shares of Common Stock back to the company. This was a disposition to the issuer tied to a completed merger transaction rather than an open-market trade.

Why were Anthony J. Allott’s SEALED AIR (SEE) shares disposed of?

His shares were cancelled under a merger completed pursuant to an Agreement and Plan of Merger. At the merger’s Effective Time, each outstanding Common Stock share was cancelled and converted into the right to receive $42.15 in cash, without interest.

What price per share did SEALED AIR (SEE) stockholders receive in the merger?

Each outstanding share of SEALED AIR Common Stock was converted into the right to receive $42.15 in cash, without interest. This fixed cash amount applied to all outstanding shares, subject to the detailed terms and exceptions in the Merger Agreement.

How many SEALED AIR (SEE) shares did Anthony J. Allott hold after the merger transaction?

Following the merger-related disposition, Anthony J. Allott directly owned 0 shares of SEALED AIR Common Stock. His entire reported position of 10,893 shares was cancelled and converted into the right to receive cash consideration under the merger terms.

Was Anthony J. Allott’s SEALED AIR (SEE) transaction an open-market sale?

No. The Form 4 classifies the event as a disposition to the issuer, not an open-market sale. The shares were cancelled in connection with a merger and converted into a right to receive $42.15 per share in cash.