December 22, 2025 · Form 4 insider transaction
Racki Byron Jason sold 857 shares of Sealed Air Corporation at $41.26 per share, a transaction worth $35.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 7 days after the transaction.
Shares withheld to meet tax liabilities associated with accelerated vesting of previously granted restricted stock units (RSUs). To mitigate the impact of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of Nov. 16, 2025, by and among Sword Purchaser, LLC, Sword Merger Sub, Inc., and Sealed Air, certain RSUs held by the Reporting Person vested on Dec. 22, 2025, subject to certain repayment conditions in the event that employment terminates for certain reasons prior to the date the RSUs otherwise would vest.; Includes unvested restricted stock units.