Form 4: Pactiv Evergreen Inc. Executive Levenda Reports Stock Transactions

Tim A. Levenda, President of Foodservice at Pactiv Evergreen Inc., reports acquisition and disposal of company stock on March 2, 2024.

Summary

• On March 2, 2024, Tim A. Levenda, President of Foodservice at Pactiv Evergreen Inc., reported transactions involving the company's common stock.
• Levenda acquired 3,380 shares of common stock at $0.00, representing additional shares from dividend equivalent rights upon vesting of restricted stock units.
• Levenda also disposed of 24,761 shares of common stock at a price of $13.26.
• Following these transactions, Levenda directly owns 212,358 shares of Pactiv Evergreen Inc.
• The report was filed on March 5, 2024.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. The acquisition of shares through dividend equivalent rights is a standard practice, and the disposal of shares doesn't necessarily indicate a negative outlook.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders' perception of the stock, depending on how they interpret the insider's actions.

Key Dates