Form 4: Sealed Air Director Zubaid Ahmad Reports Acquisition of 8,324 Stock Units as Annual Compensation

Sealed Air Corporation Director Zubaid Ahmad has reported the acquisition of 8,324 stock units as part of his annual non-employee director compensation, increasing his total beneficial ownership of derivative securities to 34,318 units.

Summary

• Zubaid Ahmad, a Director at Sealed Air Corporation (SEE), reported a transaction on May 29, 2025.
• The transaction involved the acquisition of 8,324 stock units, which represent an annual award of non-employee director stock compensation.
• These stock units were issued under the Sealed Air Corporation 2014 Omnibus Incentive Plan.
• Each stock unit converts to one share of Common Stock.
• The units are scheduled to be settled in shares of Sealed Air Common Stock following Mr. Ahmad's retirement from the Board of Directors, with certain exceptions specified in the Corporation's Deferred Compensation Plan for Directors.
• Following this transaction, Mr. Ahmad beneficially owns 1,200 shares of Common Stock directly.
• His total beneficial ownership of derivative securities (stock units) increased to 34,318 units, which includes units converted from dividend equivalents.

Sentiment

Score: 7

Explanation: The sentiment is positive for the individual director receiving compensation and neutral to slightly positive for the company as it represents a routine, expected compensation event that aligns director interests with shareholders.

Positives

• The acquisition of stock units aligns the director's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• This is a routine annual compensation award for non-employee directors, indicating adherence to established corporate governance practices.

Future Outlook

The acquired stock units are expected to be settled in shares of Sealed Air Common Stock upon the reporting person's retirement from the Board of Directors.

Industry Context

This filing is a standard disclosure of an insider transaction, specifically director compensation, and does not provide information relevant to broader industry trends or competitive positioning.

Corporate Governance

Related Party Transactions

• The acquisition of 8,324 stock units by Director Zubaid Ahmad from Sealed Air Corporation as part of his annual compensation.

Stakeholder Impact

• Shareholders: Experience minor potential future dilution when stock units are settled into common shares, but benefit from increased alignment of director interests with company performance.
• Director (Zubaid Ahmad): Receives equity-based compensation, increasing his stake and aligning his financial interests with the company's long-term success.

Next Steps

• Settlement of the acquired stock units into common shares upon the director's retirement from the Board of Directors.

Key Dates

Keywords

Sealed Air Corporation, SEE, Form 4, Insider Transaction, Director Compensation, Stock Units, Equity Compensation, Beneficial Ownership, Corporate Governance