When executives and board members move in lockstep, the market takes notice. SEE insider trading activity on April 9, 2026 tells a story worth watching. Twelve insiders at Sealed Air Corporation filed Form 4 dispositions the same day, collectively shedding shares through what the SEC calls “D-Return” transactions. These weren’t market purchases or strategic bets. They were coordinated stock returns, likely tied to equity compensation plans or restricted stock vesting schedules. Understanding what insiders do with their own holdings remains one of Wall Street’s most reliable signals.
What Happened: 12 Insiders File SEE Insider Trading Dispositions
Coordinated Stock Returns on April 9
On April 9, 2026, twelve insiders at SEE filed Form 4 filings reporting dispositions of common stock and stock units. These transactions were classified as “D-Return” dispositions, a specific SEC code indicating shares returned to the company, typically as part of equity compensation settlement or tax withholding arrangements. The filings were submitted between 4:15 PM and 4:15 PM ET, suggesting a coordinated administrative process rather than individual trading decisions.
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The Insiders Involved
The sellers included top executives and board members. CEO and Director Dustin J. Semach disposed of 1,572 shares. Chief Financial Officer Kristen Actis-Grande sold 502 shares. General Counsel and Secretary Stefanie M Holland disposed of 502 shares. Officer and CAO Veronika Johnson sold the largest executive block at 15,367 shares. President of Food Russell K Grissett sold 502 shares. President of Protective Byron Jason Racki disposed of 1,866 shares.
Board Members and Directors: SEE Insider Trading Across the Board
Directors Participate in Stock Dispositions
Directors also participated in the SEE insider trading activity. Director Henry R. Keizer disposed of the largest single block at 43,015 shares. Director Francoise Colpron sold 24,913 shares. Director Suzanne B Rowland disposed of 23,483 stock units. Director Anthony J Allott sold 10,893 shares. Director Kevin C Berryman disposed of 4,933 shares. Director Zubaid Ahmad sold 1,200 shares. Combined, the board members accounted for over 108,000 shares returned to the company.
Total Share Volume
Across all twelve insiders, approximately 149,747 shares were disposed of on April 9, 2026. No pricing data was available in the SEC filings, as D-Return transactions typically occur at zero consideration or as part of automatic settlement processes tied to equity plans.
Understanding Form 4 and D-Return Transactions
What Form 4 Means
Form 4 is the SEC document insiders must file within two business days of any transaction involving company securities. It reports changes in ownership and provides transparency to investors about what company leadership is doing with their own stock. Form 4 filings are public record and searchable on the SEC’s EDGAR database. They reveal the timing, volume, and nature of insider transactions.
D-Return Explained
The “D-Return” code indicates a disposition where shares are returned to the company. This is different from open-market sales (code “S”) or acquisitions (code “A”). D-Return transactions typically occur when restricted stock vests and employees return shares to cover taxes or satisfy plan requirements. They are administrative in nature and do not reflect personal investment decisions by insiders.
What This Collective Activity Signals About SEE
Coordinated Equity Settlement, Not Market Timing
The synchronized timing and D-Return classification suggest these transactions were automatic equity plan settlements rather than strategic selling decisions. Insiders cannot control when restricted stock vests or when tax withholding obligations trigger share returns. This activity does not signal bearish sentiment or loss of confidence in Sealed Air Corporation.
Meyka AI Grade Context
Sealed Air Corporation carries a Meyka AI grade of B+, reflecting solid fundamentals and sector positioning. The company operates in protective and food packaging, essential markets with steady demand. The insider activity on April 9 reflects routine compensation administration, not a fundamental shift in company outlook or insider conviction.
SEC Filing Details and Transparency
Where to Find the Filings
All twelve Form 4 filings are publicly available on the SEC’s EDGAR system. Each insider’s filing contains a unique URL linking to the official document. Stefanie M Holland’s filing is here. Veronika Johnson’s filing is here. Russell K Grissett’s filing is here. Anthony J Allott’s filing is here. Byron Jason Racki’s filing is here. Dustin J Semach’s filing is here. Francoise Colpron’s filing is here. Kevin C Berryman’s filing is here. Suzanne B Rowland’s filing is here. Kristen Actis-Grande’s filing is here. Henry R Keizer’s filing is here. Zubaid Ahmad’s filing is here.
Investor Takeaway
These filings demonstrate the SEC’s commitment to transparency. Investors can track insider activity in real time and make informed decisions. The coordinated nature of these D-Return transactions reflects normal equity plan administration at a large public company.
Key Metrics: Volume, Timing, and Market Context
Share Volume Breakdown
The largest individual dispositions came from board members. Henry R Keizer led with 43,015 shares. Francoise Colpron disposed of 24,913 shares. Suzanne B Rowland returned 23,483 stock units. Veronika Johnson, the CAO and Controller, sold 15,367 shares. Anthony J Allott disposed of 10,893 shares. Kevin C Berryman sold 4,933 shares. Byron Jason Racki disposed of 1,866 shares. Dustin J Semach sold 1,572 shares. Zubaid Ahmad disposed of 1,200 shares. Stefanie M Holland, Russell K Grissett, and Kristen Actis-Grande each sold 502 shares.
Market Cap and Context
Sealed Air Corporation has a market cap of $6.21 billion. The April 9 insider activity represented routine equity settlement across the executive and board ranks. No pricing data was disclosed, as D-Return transactions typically occur outside open-market conditions.
Final Thoughts
On April 9, 2026, twelve insiders at Sealed Air Corporation filed Form 4 dispositions totaling approximately 149,747 shares. The activity included CEO Dustin J Semach, CFO Kristen Actis-Grande, and ten board members and officers. All transactions were classified as D-Return dispositions, indicating automatic equity plan settlements rather than strategic selling. This coordinated activity reflects routine compensation administration at a mature public company, not a bearish signal or loss of insider confidence. Sealed Air carries a Meyka AI grade of B+, reflecting solid operational performance. Investors should distinguish between D-Return transactions and open-market sales when analyzing insider activity. The former is administrative and automatic. The latter signals personal conviction. Here’s the insider trading wisdom: one coordinated equity settlement is routine. Multiple insiders returning shares on the same day? That’s just how large companies manage compensation plans. The real story emerges when insiders start buying their own stock with personal capital.
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FAQs
Form 4 is an SEC document insiders must file within two business days of any stock transaction. It reports changes in ownership and provides public transparency about what company executives and board members are doing with their securities. All twelve April 9 transactions were reported on Form 4.
D-Return is an SEC code indicating shares returned to the company, typically as part of equity compensation settlement or tax withholding. These are administrative transactions, not personal investment decisions. They differ from open-market sales and do not reflect insider sentiment about stock value.
The synchronized timing and D-Return classification indicate automatic equity plan settlements, not coordinated market timing. Restricted stock vesting and tax withholding obligations trigger these transactions administratively. This is routine at large public companies and does not signal bearish outlook.
Sealed Air Corporation carries a Meyka AI grade of B+, reflecting solid fundamentals, sector performance, and financial metrics. The grade factors in S&P 500 comparison and analyst consensus. Grades are not investment advice.
Twelve insiders disposed of approximately 149,747 shares on April 9, 2026. The largest dispositions came from board members Henry R Keizer (43,015 shares) and Francoise Colpron (24,913 shares). No pricing data was disclosed for D-Return transactions.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Insider trading data is sourced from public SEC filings. This is not financial advice. Always conduct your own research and consult a licensed financial advisor before making investment decisions.
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