Form 4: Sealed Air Corp Executive Assis Alessandra Faccin Reports Stock Transaction

Alessandra Faccin Assis, President, APAC of Sealed Air Corp, reports disposition of 366 shares of common stock to cover tax obligations.

Summary

• On February 24, 2024, Alessandra Faccin Assis, President, APAC of Sealed Air Corp, reported a transaction involving the company's common stock.
• The transaction involved the disposition of 366 shares at a price of $36.58.
• Following the transaction, Ms. Assis directly owns 27,461 shares of common stock and indirectly owns 4,181 shares through a 401K & Profit Sharing Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with privileged information.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects an insider's decision to sell a small portion of their holdings.

Key Dates