Form 4: Sealed Air Corp Executive Assis Reports Stock Disposals

Alessandra Faccin Assis, President of APAC at Sealed Air Corp, reported the disposal of common stock to cover tax obligations.

Summary

• On March 1, 2024, Alessandra Faccin Assis, President of APAC at Sealed Air Corp, reported disposing of Sealed Air Corp common stock.
• The transactions involved the disposal of 191 and 560 shares at a price of $34.76.
• Following the reported transactions, Ms. Assis directly owns 26,710 shares of common stock and indirectly owns 4,181 shares through a 401K & Profit Sharing Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the transactions appear routine. Therefore, the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives regarding their holdings in the company's stock.

Stakeholder Impact

• The stock disposal by a company insider could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates