Form 4: Sealed Air Corp Executive Dustin J. Semach Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Dustin J. Semach, Interim Co-CEO and CFO of Sealed Air Corp, reports a transaction involving common stock due to tax withholding.
Summary
- On April 18, 2024, Dustin J. Semach, Interim Co-CEO and CFO of Sealed Air Corp, reported a transaction involving Sealed Air Corp common stock.
- 4,690 shares were disposed of at a price of $31.47 due to tax withholding.
- Following the transaction, Semach directly owns 73,322 shares of common stock.
- Semach also indirectly owns 467 shares through the 401(k) & Profit Sharing Plan.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax withholding, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a transaction by a key executive at Sealed Air Corp.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of transaction involving common stock. |
| 04/19/2024 | Date of signature for the report. |
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