Form 4: Sealed Air Corp Interim CFO Veronika Johnson Reports Stock Disposals

Veronika Johnson, Interim CFO of Sealed Air Corp, reported disposing of common stock to cover tax obligations, while also reporting adjustments to holdings in the company's 401(k) and Profit-Sharing Plan.

Summary

• On March 1, 2025, Veronika Johnson, the Interim CFO of Sealed Air Corp, reported disposing of 276 shares of common stock at a price of $34.18.
• She also disposed of 350 shares of common stock at the same price.
• These transactions were likely to cover tax obligations.
• Following these transactions, Johnson directly owns 18,435 shares of Sealed Air Corp.
• Additionally, Johnson reported holding 3,043 shares indirectly through the Sealed Air Corporation 401(k) and Profit-Sharing Plan, reflecting unit/share adjustments.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions related to tax obligations and adjustments to retirement plan holdings.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they represent a small portion of the outstanding shares and are related to tax obligations.

Key Dates