Sealed Air (SEE) CEO logs RSU-related tax share withholdings
Rhea-AI Filing Summary
Sealed Air Corporation’s President and CEO reported several stock transactions related to restricted stock units (RSUs). On Dec. 22, 2025, multiple blocks of Sealed Air common stock were withheld at a price of $41.26 per share to cover tax liabilities triggered by the accelerated vesting of previously granted RSUs. The filing explains that this accelerated vesting was intended to help mitigate tax impacts under Sections 280G and 4999 of the Internal Revenue Code in connection with transactions contemplated by an Agreement and Plan of Merger among Sword Purchaser, LLC, Sword Merger Sub, Inc., and Sealed Air.
Following these tax-withholding transactions, the CEO reported beneficial ownership of 186,472 shares of common stock held directly, plus 1,065 shares held indirectly through the Sealed Air Corporation 401(k) and Profit-Sharing Plan.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 24,114 | $41.26 | $995K |
| Tax Withholding | Common Stock | 4,664 | $41.26 | $192K |
| Tax Withholding | Common Stock | 3,058 | $41.26 | $126K |
| Tax Withholding | Common Stock | 3,641 | $41.26 | $150K |
| Tax Withholding | Common Stock | 6,698 | $41.26 | $276K |
| Tax Withholding | Common Stock | 12,856 | $41.26 | $530K |
| holding | Common Stock | -- | -- | -- |
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. 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 date of this Form 4 (as updated to correct an immaterial error).
FAQ
What insider transaction did Sealed Air (SEE) report for its CEO?
The President and CEO of Sealed Air Corporation reported multiple transactions in which shares of common stock were withheld on Dec. 22, 2025 to satisfy tax liabilities arising from the accelerated vesting of previously granted restricted stock units (RSUs).
Why were Sealed Air (SEE) RSUs for the CEO vested early?
The filing states that certain RSUs vested on Dec. 22, 2025 to help mitigate the impact of Sections 280G and 4999 of the Internal Revenue Code in connection with transactions contemplated by an Agreement and Plan of Merger among Sword Purchaser, LLC, Sword Merger Sub, Inc., and Sealed Air.
What does the Form 4 say about repayment conditions on the CEO’s RSUs at Sealed Air (SEE)?
The filing notes that the RSUs that vested on Dec. 22, 2025 are subject to certain repayment conditions if the CEO’s employment terminates for certain reasons before the dates those RSUs otherwise would have vested.
Is the CEO of Sealed Air (SEE) also a director or 10% owner?
The Form 4 identifies the reporting person as an officer, specifically President and CEO, and does not check the boxes for Director or 10% Owner.