Form 4: Pactiv Evergreen Director Hawkesby Disposes of Shares

Director Duncan Hawkesby sold 169,116 shares of Pactiv Evergreen Inc. at an average price of $18 per share on March 31, 2025.

Summary

• On March 31, 2025, Duncan Hawkesby, a director of Pactiv Evergreen Inc., disposed of 169,116 shares of common stock.
• The shares were sold at a weighted average price of $18 per share, with individual transactions ranging from $17.995 to $18.01.
• Following the transaction, Hawkesby directly owns zero shares.
• Hawkesby indirectly owns shares through Forsyth Barr Custodians Ltd as broker for Hawkesby Management Limited, which he indirectly wholly owns with his wife and manages.

Sentiment

Score: 5

Explanation: This is a neutral report of a transaction. The sentiment is neither positive nor negative as it simply reflects a director selling shares.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The disposal of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.

Key Dates

Keywords

Pactiv Evergreen, Director, Share Disposal, Form 4, Hawkesby, PTVE, Securities