Form 4: Sealed Air Director Harry A. Lawton III Receives Annual Stock Compensation
Insider Transaction Report
Sealed Air Corporation's Director, Harry A. Lawton III, was awarded 4,933 shares of common stock as part of his annual non-employee director compensation, increasing his total beneficial ownership to 28,553 shares.
Summary
- Harry A. Lawton III, a Director of Sealed Air Corporation (SEE), acquired 4,933 shares of common stock on May 29, 2025.
- These shares were awarded as annual non-employee director stock compensation under the Sealed Air Corporation 2014 Omnibus Incentive Plan.
- Following this transaction, Mr. Lawton III's direct beneficial ownership of Sealed Air common stock increased to 28,553 shares.
- The reported balance of shares includes those acquired through dividend reinvestment.
Sentiment
Score: 6
Explanation: The filing reports a routine stock award to a director, which aligns management's interests with shareholders. This is a standard compensation practice and does not indicate any significant positive or negative operational or financial news.
Positives
- The award of stock compensation to a director aligns the director's interests with those of shareholders, promoting long-term value creation.
- The transaction is part of a pre-existing compensation plan (2014 Omnibus Incentive Plan), indicating a structured approach to director remuneration.
Future Outlook
No forward-looking statements or guidance are provided in this filing.
Industry Context
This filing reports a routine insider transaction (director stock compensation) and does not provide information relevant to broader industry trends or competitive analysis. Such compensation practices are common across publicly traded companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Harry A. Lawton III granted a Power of Attorney to John W. Nurkin, Jim Berklas, and Kristina Johnson to execute and file Section 16 forms (Forms 3, 4, and 5) on his behalf. | 2024-01-03 | This streamlines the process for filing required insider trading reports for the director, ensuring compliance with SEC regulations. |
Related Party Transactions
- The acquisition of 4,933 shares by Harry A. Lawton III, a director, as annual non-employee director stock compensation, constitutes a related party transaction.
Stakeholder Impact
- Shareholders: The award of stock compensation to a director aligns the director's interests with those of shareholders, potentially fostering long-term value creation. It represents a non-cash compensation expense for the company.
Key Dates
| Date | Description |
|---|---|
| 2024-01-03 | Date of Power of Attorney execution by Harry A. Lawton III. |
| 2025-05-29 | Date of transaction where Harry A. Lawton III acquired 4,933 shares of common stock. |
| 2025-06-02 | Date the Form 4 was signed by Kristina Johnson, attorney-in-fact for Mr. Lawton. |
Recommendation
holdKeywords
Sealed Air Corporation, SEE, Form 4, Director compensation, Stock award, Equity compensation, Insider transaction, Harry A. Lawton III, Omnibus Incentive Plan
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