4/A: Sealed Air Corp Interim CFO Veronika Johnson Reports Changes in Beneficial Ownership

Interim CFO Veronika Johnson reports acquisition and disposal of Sealed Air Corp shares, including adjustments to holdings under the 2014 Omnibus Incentive Plan and the 401(k) and Profit-Sharing Plan.

Summary

• Veronika Johnson, Interim CFO of Sealed Air Corp, filed a Form 4/A with the SEC detailing changes in her beneficial ownership of the company's stock.
• On February 17, 2025, she acquired 3,825 shares of common stock under the 2014 Omnibus Incentive Plan.
• On February 18, 2025, she disposed of 253 shares of common stock at a price of $33.99.
• Following these transactions, Johnson directly owns 19,577 shares of common stock.
• She also indirectly owns 15,294 shares through her husband and 3,043 shares through the 401(k) & Profit Sharing Plan.
• The report includes adjustments to her holdings under the Sealed Air Corporation 401(k) and Profit-Sharing Plan.

Sentiment

Score: 5

Explanation: The document is neutral in sentiment. It simply reports transactions without expressing any positive or negative views about the company's prospects.

Positives

• The acquisition of 3,825 shares could be interpreted as a positive sign of confidence in the company's future.

Negatives

• The disposal of 253 shares, while small, could be seen as a slightly negative signal, although it's likely for tax or diversification purposes.

Risks

• There are no specific risks mentioned in this document, as it primarily details changes in stock ownership.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. It's common for executives to receive stock options or grants as part of their compensation, and subsequent sales are often related to personal financial planning or tax obligations.

Comparison to Industry Standards

• Comparing Veronika Johnson's transactions to those of executives at similar packaging companies like Amcor or Berry Global would provide context.
• For example, if executives at those companies are also acquiring shares, it could signal a positive industry outlook.
• Conversely, widespread selling could indicate concerns about the sector's future performance.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as insider trading activity is often monitored for signals about company performance.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates

Keywords

beneficial ownership, Form 4, SEC, Sealed Air Corp, Veronika Johnson, Interim CFO, stock, shares, acquisition, disposal, 401k, profit sharing plan