Form 4: Pactiv Evergreen CFO Jonathan Baksht Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Chief Financial Officer Jonathan Baksht reported acquiring and disposing of Pactiv Evergreen Inc. shares on March 6, 2024, according to a Form 4 filing.
Summary
- Jonathan Baksht, CFO of Pactiv Evergreen Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 6, 2024, Baksht acquired 74,519 shares of common stock at $0.00 and disposed of 254,581 shares.
- Following these transactions, Baksht beneficially owns 254,581 shares.
- The acquired securities represent restricted stock units (RSUs) vesting in three tranches: 24,839 on March 2, 2025; 24,840 on March 2, 2026; and 24,840 on March 2, 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: acquisition and disposal of shares. |
| 03/02/2025 | Vesting date for 24,839 RSUs. |
| 03/02/2026 | Vesting date for 24,840 RSUs. |
| 03/02/2027 | Vesting date for 24,840 RSUs. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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