SEALED AIR CORP/DE·4

Feb 18, 4:29 PM ET

Grissett Russell K 4

Research Summary

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Updated

Sealed Air (SEE) President, Food Russell Grissett Receives Award

What Happened
Russell K. Grissett, President, Food for Sealed Air Corporation (SEE), was granted 7,752 restricted stock units (RSUs) on February 16, 2026 under the Sealed Air Corporation 2014 Omnibus Incentive Plan. The transaction is coded as an award/grant (A); no purchase price or dollar value is reported for the grant. This is a compensation award rather than a market purchase or sale.

Key Details

  • Transaction date: 2026-02-16; Filing date (Form 4): 2026-02-18 (filed within the standard two-business-day window).
  • Shares/units granted: 7,752 RSUs. Price/value: N/A (not reported for grants).
  • Vesting: Per the filing, the RSUs "will have a one-year vest beginning February 16, 2026" (see footnote F1).
  • Shares owned after the transaction: filing notes that reported holdings include unvested RSUs (footnote F2); the filing does not list an exact post-grant total of owned shares.
  • Transaction type: Award/Grant (A). No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context
RSU grants are a form of compensation and typically vest over time; they do not represent an immediate cash purchase or sale of stock. Because the units vest over a year, they will only convert to tradable shares according to the award terms. For retail investors, purchases by insiders often carry clearer signals about sentiment than routine compensation awards, which are common for executives.