Form 4: Sealed Air Corp CAO Veronika Johnson Reports Stock Disposals

Veronika Johnson, CAO and Controller of Sealed Air Corp, reported the disposal of common stock to cover tax obligations.

Summary

• On March 1, 2024, Veronika Johnson, CAO and Controller of Sealed Air Corp, reported disposing of Sealed Air Corp common stock.
• The transactions were related to tax obligations.
• A total of 1,030 shares were disposed of at a price of $34.76.
• Following the transactions, Ms. Johnson directly owns 16,699 shares of common stock and indirectly owns 2,501 shares through a 401k & Profit Sharing Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by an officer, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares involved.

Key Dates