0001012100SEALED AIR CORP/DEfalse00010121002025-02-262025-02-26


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 Date of Report (Date of earliest event reported): February 26, 2025


 SEALED AIR CORPORATION
(Exact name of registrant as specified in its charter)
 
Delaware 1-12139 65-0654331
(State or other
jurisdiction of incorporation)		 (Commission
File Number)		 (IRS Employer
Identification No.)
 
2415 Cascade Pointe Boulevard  
CharlotteNorth Carolina 28208
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code: (980)-221-3235
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Common Stock, par value $0.10 per shareSEENew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On February 26, 2025, Sealed Air Corporation (the “Company”) and Emile Chammas, Senior Vice President and Chief Operating Officer of the Company, mutually agreed that Mr. Chammas’ executive officer position and employment with the Company will end on April 1, 2025. There are no changes to the severance that Mr. Chammas is entitled to receive for termination without cause pursuant to the previously disclosed Sealed Air Corporation Executive Severance Plan, the cash retention bonus under the terms of his letter agreement with the Company dated June 11, 2024 (the “Letter Agreement”), and the restricted stock unit (“RSU”) award granted to Mr. Chammas under the Company’s Omnibus Incentive Plan on December 8, 2023. As additional consideration for obtaining Mr. Chammas’ release of claims and agreement to post-employment covenants, the Company agreed to fully vest the RSU award granted under the Company’s Omnibus Incentive Plan to Mr. Chammas on August 15, 2024, referred to under the Letter Agreement as the “RSU Retention Award.”



SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
 SEALED AIR CORPORATION
  
   
 By:/s/ Veronika Johnson
 Name:Veronika Johnson
 Title:Interim Chief Financial Officer, Chief Accounting Officer and Controller
  
Date: March 3, 2025  


v3.25.0.1
Cover Cover
Feb. 26, 2025
Cover [Abstract]  
Document Type 8-K
Document Period Start Date Feb. 26, 2025
Entity Incorporation, State or Country Code DE
Entity File Number 1-12139
Entity Tax Identification Number 65-0654331
Entity Address, Address Line One 2415 Cascade Pointe Boulevard
Entity Address, City or Town Charlotte
Entity Address, State or Province NC
Entity Address, Postal Zip Code 28208
City Area Code 980
Local Phone Number 221-3235
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.10 per share
Trading Symbol SEE
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0001012100
Entity Registrant Name SEALED AIR CORP/DE
Amendment Flag false
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