Colpron Francoise 4

What Happened
Francoise Colpron, a director of Sealed Air Corp. (SEE), had 24,913 shares disposed to the issuer on April 9, 2026 as part of a merger. Under the Merger Agreement, each share was cancelled and converted into the right to receive $42.15 per share, for a total cash value of approximately $1,050,082.95. This was a corporate disposition tied to the transaction (disposition to issuer), not an open-market sale.

Key Details

• Transaction date: 2026-04-09 (reported 2026-04-09).
• Price / conversion: $42.15 per share (merger consideration); filing shows price as N/A for the line item but footnote specifies the conversion amount.
• Shares disposed: 24,913; estimated cash received: ~$1,050,082.95.
• Shares owned after transaction: common shares were cancelled at the Effective Time per the Merger Agreement (effectively extinguished).
• Footnote: Disposition resulted from Merger Agreement dated Nov 16, 2025 — Merger Sub merged into the issuer; all outstanding common stock converted into the right to receive $42.15/share.
• Timeliness: Filing and report date are the same (timely filing).

Context
This is a merger-related cash conversion (disposition to issuer) and should not be read as a voluntary market sell-by the director. Such transactions reflect corporate deal terms rather than an insider signaling sentiment by buying or selling on the open market.