Form 4: Sealed Air Officer Sells Shares for Tax Obligations

Steven E. Flannery, President of Food at Sealed Air Corp, disposed of 7,406 shares of common stock to cover tax liabilities related to restricted stock unit vesting.

Summary

• Steven E. Flannery, President of Food at SEALED AIR CORP/DE (SEE), reported a transaction on September 30, 2025.
• The transaction involved the disposition of 7,406 shares of Common Stock.
• These shares were withheld to meet tax liabilities associated with the vesting of previously granted restricted stock units.
• The shares were disposed of at a price of $35.35 per share.
• Following this transaction, Mr. Flannery directly beneficially owns 75,921 shares of Common Stock, which includes unvested restricted stock units.
• Additionally, Mr. Flannery indirectly beneficially owns 277 shares of Common Stock through the Sealed Air Corporation 401(k) and Profit-Sharing Plan.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax liabilities associated with restricted stock unit vesting, which is a neutral event and does not reflect a change in management's outlook or company fundamentals.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction by an officer to cover tax obligations, not an indication of a change in company performance or insider sentiment.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary sale of shares by an insider to cover tax liabilities associated with restricted stock unit vesting. Such transactions are common and do not typically indicate a change in management's outlook or the company's fundamentals. Therefore, it does not provide new information that would warrant a change in investment recommendation.

Keywords

Sealed Air, SEE, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Steven E. Flannery