SEE Insider Filing: Dustin Semach Retains 244,561 Shares After Tax Withholding
Rhea-AI Filing Summary
Sealed Air CEO Dustin J. Semach reported routine insider activity on 08/15/2025. He had 6,698 shares of Common Stock disposed at a price of $31.58 per share to satisfy tax withholding tied to vested restricted stock units. After the transaction he beneficially owns 244,561 shares, which include unvested restricted stock units, and additionally holds 1,963 shares in the company 401(k) profit-sharing plan. The Form 4 was submitted by an attorney-in-fact on 08/18/2025 and records the transaction as a tax-related disposition rather than an open-market sale.
Positive
- Significant continued ownership: Reporting person retains 244,561 shares including unvested RSUs, indicating ongoing alignment with shareholders.
- 401(k) participation: Holds 1,963 shares in the company 401(k) profit-sharing plan, showing additional personal investment.
Negative
- Shares disposed to cover taxes: 6,698 shares were withheld/disposed at $31.58 per share to meet tax liabilities associated with vesting.
Insights
TL;DR: Routine tax-withholding disposition by the CEO; maintains substantial ongoing ownership through vested and unvested equity.
The reported disposal of 6,698 shares at $31.58 per share appears to be a standard tax-withholding event tied to vesting of restricted stock units rather than an intentional liquidity event. The filing shows continued alignment with shareholders through overall beneficial ownership of 244,561 shares plus 1,963 shares in the 401(k) plan. For governance assessment, this is a routine insider report that does not indicate a change in corporate control or a divergence from executive compensation practices.
TL;DR: Insider sold a small number of shares to cover taxes; remaining stake remains sizeable and not materially diluted.
From a market-significance perspective, the disposition of 6,698 shares to meet tax liabilities is immaterial relative to the reported beneficial holding of 244,561 shares. The transaction price of $31.58 is recorded, but no open-market selling intent or additional derivative activity is disclosed. This Form 4 does not present new information likely to move valuation or signal a change in executive sentiment beyond standard compensation mechanics.