Sealed Air director equity cashed out in merger
Ahmad Zubaid reported disposition transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Ahmad Zubaid reported disposition transactions in this Form 4 filing.
SEALED AIR CORP/DE director Ahmad Zubaid reported merger-related cancellations of his equity awards and shares. On the merger effective date, 31,608 deferred stock units tied to Sealed Air common stock were cancelled and converted into a cash right based on the $42.15 per-share merger consideration, including units from dividend equivalents. In a related step, 1,200 shares of common stock were also cancelled and converted into the same cash right under the merger terms, leaving no reported remaining holdings in these positions.
Insider Trade Summary
Disposition: 32,808 shares
Disposition
2 txns
Insider
Ahmad Zubaid
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Unit | 31,608 | $0.00 | $0.00 |
| Disposition | Common Stock | 1,200 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Unit — 0 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (3)
- F1. 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 (the "Merger Consideration"), without interest, except as set forth in the Merger Agreement.
- F2. At the Effective Time, each deferred stock unit ("Stock Unit") outstanding immediately prior to the Effective Time was automatically cancelled and terminated and converted into a right to receive an amount in cash (without interest) equal to (i) the product of (A) the number of shares of Common Stock subject to such Stock Unit and (B) the Merger Consideration, plus (ii) any accrued and unpaid dividends or dividend equivalent rights owed with respect to such Stock Unit.
- F3. Includes units converted from dividend equivalents.
Key Figures
Deferred stock units cancelled: 31,608 units
Common shares cancelled: 1,200 shares
Merger consideration per share: $42.15 per share
3 metrics
Deferred stock units cancelled
31,608 units
Converted into cash rights at merger effective time
Common shares cancelled
1,200 shares
Director’s common stock converted into cash rights
Merger consideration per share
$42.15 per share
Cash paid for each Sealed Air common share
Key Terms
Agreement and Plan of Merger, Merger Consideration, deferred stock unit, dividend equivalent rights
4 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 Consideration financial
"converted into the right to receive $42.15 (the "Merger Consideration"), without interest"
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.
deferred stock unit financial
"each deferred stock unit ("Stock Unit") outstanding immediately prior to the Effective Time"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
dividend equivalent rights financial
"plus (ii) any accrued and unpaid dividends or dividend equivalent rights owed"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SEE director Ahmad Zubaid report?
Ahmad Zubaid reported the cancellation and cash-out of his Sealed Air holdings. 31,608 deferred stock units and 1,200 common shares were disposed of and converted into cash rights under a completed merger at a fixed per-share consideration.
How many Sealed Air (SEE) stock units were cancelled in the merger?
A total of 31,608 deferred stock units linked to Sealed Air common stock were cancelled. These units were converted into a cash right equal to the number of underlying shares multiplied by the fixed merger consideration, plus any accrued dividend-equivalent amounts.
What happened to Ahmad Zubaid’s SEE common stock in this Form 4?
1,200 shares of Sealed Air common stock were cancelled and extinguished in connection with the merger. Each cancelled share was automatically converted into a right to receive the agreed cash merger consideration per share, rather than being sold on the open market.
Did this SEE Form 4 reflect an open-market sale by the director?
No, the Form 4 reflects dispositions to the issuer tied to a merger closing. Shares and stock units were cancelled and converted into cash rights at a fixed merger price, rather than being bought or sold through open-market trading on an exchange.
What is the Merger Consideration referenced in the SEE filing?
The Merger Consideration is the fixed cash amount of $42.15 per common share set in the merger agreement. It determined how much cash each cancelled share and each share underlying deferred stock units would receive when converted into a cash payment right.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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