Form 4: Sealed Air Director Henry Keizer Receives Annual Stock Compensation Award
Insider Transaction Report
Sealed Air Corporation's Director, Henry R. Keizer, was awarded 8,015 shares of common stock as part of his annual non-employee director compensation, increasing his total beneficial ownership to 43,015 shares.
Summary
- Henry R. Keizer, a Director of Sealed Air Corporation (SEE), acquired 8,015 shares of the company's common stock on May 29, 2025.
- This acquisition represents an annual award of non-employee director stock compensation.
- The award was issued under the Sealed Air Corporation 2014 Omnibus Incentive Plan.
- Following this transaction, Mr. Keizer's total beneficial ownership of Sealed Air common stock increased to 43,015 shares.
Sentiment
Score: 7
Explanation: The filing reports a routine annual stock award to a non-employee director, which is a standard practice for aligning management and director interests with shareholders. This is a positive event for the director receiving the compensation and reflects ongoing corporate governance practices.
Positives
- The award of 8,015 shares to Director Henry R. Keizer aligns his interests further with those of shareholders.
- The transaction is part of a pre-existing compensation plan (2014 Omnibus Incentive Plan), indicating a structured approach to director remuneration.
Negatives
- The issuance of new shares for compensation can lead to minor dilution for existing shareholders, though the amount is typically small for individual director awards.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Policy Implementation | The award of shares to Director Henry R. Keizer is part of the Sealed Air Corporation 2014 Omnibus Incentive Plan, demonstrating the ongoing implementation of the company's established equity compensation policy for non-employee directors. | 05/29/2025 | Aligns director's interests with shareholders, promotes long-term retention and performance incentives. |
Related Party Transactions
- The acquisition of common stock by Director Henry R. Keizer is a transaction between the company and a related party (a director), executed as part of an established compensation plan.
Stakeholder Impact
- Shareholders: Minor potential for dilution due to the issuance of shares for compensation, but also benefits from increased alignment of director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/29/2025 | Date of acquisition of 8,015 shares of common stock by Director Henry R. Keizer. |
| 06/02/2025 | Date the Form 4 filing was signed by the attorney-in-fact for Mr. Keizer. |
Keywords
Sealed Air Corporation, SEE, Form 4, Insider Transaction, Director Compensation, Stock Award, Equity Compensation, Henry R. Keizer, Beneficial Ownership, SEC Filing
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