SEALED AIR CORP/DE·4

Feb 18, 4:28 PM ET

Racki Byron Jason 4

Research Summary

AI-generated summary

Updated

Sealed Air (SEE) President Byron Racki Receives 7,752 RSUs

What Happened

  • Byron Racki (President, Protective) received a grant of 7,752 restricted stock units (RSUs) on February 16, 2026. This was an award (transaction code A); no purchase price or cash value is reported on the Form 4.

Key Details

  • Transaction date: 2026-02-16; filing date: 2026-02-18 (filed within the standard two-business-day Form 4 window).
  • Price/consideration: N/A — this was a grant of RSUs, not an open-market trade.
  • Vesting: The RSUs have a one-year vesting period beginning February 16, 2026, subject to the award agreement (footnote F1).
  • Shares owned after transaction: The filing does not list a total common-share count after the grant; it notes the reported holdings include unvested RSUs (F2) and references shares held by the reporting person in the company 401(k)/Profit-Sharing Plan (F3).
  • Transaction type: Award/Grant of RSUs (A). No 10b5-1 plan, tax-withholding sale, or cashless exercise noted.

Context

  • RSU grants are compensation awards that convert to shares if and when they vest; they are not the same as an open-market purchase or sale and do not by themselves indicate a buy/sell market signal.
  • Vesting and any subsequent sales or holdings will be reported in future Forms 4 if and when the RSUs vest and/or shares are sold or transferred.