Form 4: Sealed Air CPO Disposes Shares for Tax Liabilities
Insider Transaction Report
Sealed Air's Chief People Officer, Belinda Hyde, reported the disposition of 478 common shares to cover tax obligations from restricted stock unit vesting.
Summary
- Belinda Hyde, Chief People Officer of Sealed Air Corporation (SEE), reported a transaction on September 9, 2025.
- The transaction involved the disposition of 478 shares of Common Stock at a price of $33.36 per share.
- These shares were withheld to meet tax liabilities associated with the vesting of previously granted restricted stock units.
- Following this transaction, Ms. Hyde directly beneficially owns 13,132 shares, which includes unvested restricted stock units.
- Additionally, Ms. Hyde indirectly owns 272 shares through the Sealed Air Corporation 401(k) and Profit-Sharing Plan.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary disposition of shares by an officer to cover tax liabilities associated with RSU vesting. This is a neutral event with no significant positive or negative implications for the company's operations or stock performance.
Positives
- Indicates the vesting of previously granted restricted stock units, reflecting the execution of the company's equity compensation plan.
Negatives
- Disposition of shares by an officer, though for tax purposes, reduces their direct beneficial ownership.
Future Outlook
NA
Industry Context
This is a standard insider transaction for tax purposes, common across all industries for executives receiving equity compensation. It does not provide specific industry context.
Comparison to Industry Standards
- This is a routine tax-related disposition of shares, a common practice for executives across publicly traded companies when restricted stock units vest. It aligns with standard equity compensation practices and tax compliance requirements. No specific comparable companies or projects are relevant for this type of filing.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation Disclosure | The filing indicates the use of a Rule 10b5-1(c) plan for the disposition of shares, which is a common corporate governance practice to mitigate insider trading concerns. | 09/09/2025 | Enhances transparency and provides an affirmative defense against insider trading allegations for pre-planned transactions. |
Stakeholder Impact
- Shareholders: Minimal direct impact as it's a routine, non-discretionary transaction for tax purposes. It reflects the ongoing operation of the company's equity compensation program.
- Employees: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 09/09/2025 | Date of transaction: disposition of shares for tax liabilities related to RSU vesting. |
| 09/10/2025 | Date of Form 4 filing. |
Keywords
Sealed Air Corporation, SEE, Belinda Hyde, Chief People Officer, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Equity Compensation, Corporate Governance
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