Berryman Kevin C 4

4 · SEALED AIR CORP/DE · Filed Apr 9, 2026

AI-generated summary of this filing

Updated Apr 9, 2026

Sealed Air (SEE) Director Kevin Berryman Sells 23,433 Shares

What Happened

Kevin C. Berryman, a director of Sealed Air Corp. (SEE), had a total of 23,433 shares/units disposed to the issuer on April 9, 2026. This consisted of 4,933 common shares and 18,500 deferred/derivative units. Under the merger agreement, each share was converted into $42.15 in cash, so the total cash consideration is about $987,701. This was a disposition to the issuer as part of the company’s merger, not an open‑market sale.

Key Details

Transaction date: 2026-04-09
Price per share (per merger terms): $42.15
Total shares/units disposed: 4,933 (shares) + 18,500 (derivative units) = 23,433
Estimated total cash received: ~$987,701 (23,433 × $42.15)
Shares owned after transaction: Not disclosed in the Form 4
Footnotes: Merger Agreement converted all outstanding common shares to $42.15 cash (F1); deferred stock units were likewise cashed out based on the same per‑share amount plus any accrued dividends (F2); units include converted dividend equivalents (F3).
Filing timeliness: Reported with period and filing date of 2026-04-09 (appears timely; no late filing flag noted)

Context

This was a corporate cash‑out due to a merger (Merger Sub merged into Sealed Air and each share/unit was converted to cash). The transaction is a disposition to the issuer under the merger terms and should be viewed as the result of the corporate action rather than a discretionary sale by the insider.

Form 4Exit

Period: 2026-04-09

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-04-09−4,933→ 0 total
Disposition to Issuer
Stock Unit
[F2][F3]
2026-04-09−18,500→ 0 total
→ Common Stock (18,500 underlying)

Footnotes (3)

[F1]In connection with the terms of an Agreement and Plan of Merger, dated November 16, 2025 (the "Merger Agreement"), by and among the Issuer, Sword Purchaser, LLC ("Sword") and Sword Merger Sub, Inc., a wholly owned subsidiary of Sword ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Sword (the "Effective Time"). At the Effective Time, each outstanding share of Common Stock was cancelled and extinguished and automatically converted into the right to receive $42.15 (the "Merger Consideration"), without interest, except as set forth in the Merger Agreement.
[F2]At the Effective Time, each deferred stock unit ("Stock Unit") outstanding immediately prior to the Effective Time was automatically cancelled and terminated and converted into a right to receive an amount in cash (without interest) equal to (i) the product of (A) the number of shares of Common Stock subject to such Stock Unit and (B) the Merger Consideration, plus (ii) any accrued and unpaid dividends or dividend equivalent rights owed with respect to such Stock Unit.
[F3]Includes units converted from dividend equivalents.

Signature

/s/ Kristina Johnson, attorney-in-fact|2026-04-09

1 file