Sealed Air (NYSE: SEE) CAO details RSU tax withholding and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sealed Air Corporation’s Chief Accounting Officer and Controller reported multiple internal share transactions on Dec. 22, 2025. Each transaction involved common shares coded “F,” meaning shares were withheld by the company to cover tax liabilities tied to the accelerated vesting of previously granted restricted stock units (RSUs) related to a planned merger with Sword Purchaser, LLC and Sword Merger Sub, Inc.
After these tax withholdings, the officer beneficially owned 25,892 shares of Sealed Air common stock directly, plus 3,679 shares held in the Sealed Air Corporation 401(k) and Profit-Sharing Plan, and 15,355 shares held indirectly by her husband. The indirect holdings are disclaimed except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Johnson Veronika
Role
CAO and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 312 | $41.26 | $13K |
| Tax Withholding | Common Stock | 690 | $41.26 | $28K |
| Tax Withholding | Common Stock | 460 | $41.26 | $19K |
| Tax Withholding | Common Stock | 2,330 | $41.26 | $96K |
| Tax Withholding | Common Stock | 557 | $41.26 | $23K |
| Tax Withholding | Common Stock | 2,130 | $41.26 | $88K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 32,059 shares (Direct);
Common Stock — 3,679 shares (Indirect, 401k & Profit Sharing Plan)
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. Reporting person disclaims benefical ownership of such shares except to the extent of any pecuniary interest.
FAQ
What insider activity did Sealed Air (SEE) report in this filing?
The Chief Accounting Officer and Controller of Sealed Air Corporation reported several internal transactions on Dec. 22, 2025, where common shares were withheld by the company to cover taxes on accelerated RSU vesting.
Why did Sealed Air’s officer have RSUs vest on December 22, 2025?
The RSUs vested on Dec. 22, 2025 to help mitigate potential tax effects under Sections 280G and 4999 of the Internal Revenue Code in connection with a planned merger under an Agreement and Plan of Merger dated Nov. 16, 2025.
What indirect Sealed Air (SEE) holdings are reported for the officer?
The report lists 3,679 shares of Sealed Air common stock in the company’s 401(k) and Profit-Sharing Plan and 15,355 shares held by the officer’s husband, with beneficial ownership of the latter disclaimed except for any pecuniary interest.
How is the planned Sealed Air merger mentioned in this insider report?
The explanation notes that certain RSUs vested early in connection with transactions under an Agreement and Plan of Merger dated Nov. 16, 2025 among Sword Purchaser, LLC, Sword Merger Sub, Inc., and Sealed Air, subject to repayment conditions if employment ends under specified circumstances.