Form 4: Pactiv Evergreen Inc. Executive Levenda Receives Stock Grant

Tim A. Levenda, President of Foodservice at Pactiv Evergreen Inc., reports the acquisition of 52,356 shares of common stock through a restricted stock unit (RSU) grant.

Summary

• On March 6, 2024, Tim A. Levenda, President of Foodservice at Pactiv Evergreen Inc., acquired 52,356 shares of common stock.
• These shares were obtained through a grant of restricted stock units (RSUs).
• The RSUs vest in three equal installments of 17,452 shares each on March 2, 2025, March 2, 2026, and March 2, 2027.
• Following this transaction, Levenda directly owns 264,714 shares of Pactiv Evergreen Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock grants to an executive, which is neither particularly positive nor negative on its own.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a key executive.

Key Dates