Mark W. Kowlzan - Apr 4, 2025 Form 4 Insider Report for PACKAGING CORP OF AMERICA (PKG)

Role
Chairman & CEO, Director
Signature
Kent A. Pflederer, attorney in fact
Stock symbol
PKG
Transactions as of
Apr 4, 2025
Transactions value $
-$2,434,717
Form type
4
Date filed
4/8/2025, 12:10 PM
Previous filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKG Common Stock Award $0 +27.6K +6.18% $0.00 473K Apr 4, 2025 Direct F1
transaction PKG Common Stock Award $0 +2.4K +0.51% $0.00 476K Apr 4, 2025 Direct F2
transaction PKG Common Stock Tax liability -$2.43M -13.3K -2.79% $183.42 462K Apr 4, 2025 Direct F4
holding PKG Common Stock 19.6K Apr 4, 2025 401k plan
holding PKG Common Stock 2.57K Apr 4, 2025 by spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 4, 2025, the compensation committee of the registrant's board of directors certified attainment of the performance measure under the TSR performance units awarded to reporting person on February 23, 2022. Performance was achieved at 187.4%. The units paid out on the date of certification.
F2 Payout in shares of accumulated dividends on vesting performance units.
F3 Reporting person disclaims beneficial ownership of shares held by spouse.
F4 Pursuant to the terms of the Company's Long-Term Equity Incentive Plan, the Company withheld shares to cover the withholding tax obligation associated with equity awards vesting on the transaction date.