---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-036720"
form_type: "8-K/A"
ticker: null
cik: "0001012100"
company_name: "SEALED AIR CORP/DE"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T21:49:26.438229+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sealed Air updates CTO2Grow restructuring cash costs to $140-$160M

## Summary
- Total estimated cash costs of $140M-$160M, comprising $90M-$95M headcount, $25M-$30M contract termination, $20M-$25M other, and $5M-$10M capex.
- Amendment to prior 8-K filed Aug 8, 2023; provides updated cost breakdown for Reinvent SEE 2.0 program.
- Program spans 3 years, aimed at cost take-out and growth initiatives.

## SEC filing metadata
- accession: 0001628280-23-036720
- form_type: 8-K/A
- cik: 0001012100
- company_name: SEALED AIR CORP/DE
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1012100/000162828023036720/0001628280-23-036720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1012100/000162828023036720/see-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-036720
- JSON: https://secwatch.observer/filing/0001628280-23-036720.json
- Plain text: https://secwatch.observer/filing/0001628280-23-036720.txt

## Key facts
- Restructurings & Charges
  SEALED AIR CORP/DE announced a restructuring with charges of $140 to $160 million ($90 to $95 million in headcount related costs).
  - Type: restructuring
  - Charge: $140 to $160 million
  - Headcount: $90 to $95 million in headcount related costs
  source text: The Company expects to incur total cash costs in the range of approximately $140 to $160 million, which is subject to future changes, in connection with the initiatives associated with the CTO2Grow Program.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1012100/000162828023036720/0001628280-23-036720-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.