Form 4: Pactiv Evergreen Inc. Executive Eric Wulf Reports Changes in Beneficial Ownership

Eric Wulf, Pres, Food&Bev.Merchandising at Pactiv Evergreen Inc., reports acquisition and disposal of common stock on March 2, 2024.

Summary

• On March 2, 2024, Eric Wulf, Pres, Food&Bev.Merchandising at Pactiv Evergreen Inc., reported changes in beneficial ownership of the company's common stock.
• Wulf acquired 1,777 shares of common stock at $0.00.
• Wulf disposed of 11,161 shares at $13.26.
• Following these transactions, Wulf directly owns 123,819 shares of Pactiv Evergreen Inc.
• The filing indicates that the transactions included the acquisition of shares through the settlement of dividend equivalent rights upon the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but the disposal of shares could be seen as slightly negative.

Positives

• The acquisition of shares through dividend equivalent rights indicates that the company is performing well enough to provide these benefits to its executives.

Negatives

• The disposal of 11,161 shares could be interpreted negatively by investors, although it is a relatively small percentage of Wulf's total holdings.

Risks

• There are no specific risks mentioned in this document.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholder sentiment, depending on how the market interprets the insider's actions.

Key Dates