Margie Kay Bidlingmaier - 15 Feb 2025 Form 4 Insider Report for GRAPHIC PACKAGING HOLDING CO (GPK)

Role: EVP and President, Americas
Signature: /s/ Margie K. Bidlingmaier, by Laura Lynn Church, Attorney-in-Fact
Issuer symbol: GPK
Transactions as of: 15 Feb 2025
Net transactions value: -$83,753
Form type: 4
Filing time: 18 Feb 2025, 16:26:26 UTC
Previous filing: 10 Feb 2025
Next filing: 24 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPK	Common Stock	Options Exercise	$0	+7,014	+16%	$0.000000	51,147	15 Feb 2025	Direct
transaction	GPK	Common Stock	Tax liability	$83,753	-3,138	-6.1%	$26.69	48,009	15 Feb 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GPK	Service-Based Restricted Stock Units	Options Exercise	$0	+7,014	+97%	$0.000000	14,243	15 Feb 2025	Common Stock	7,014	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Service-Based Restricted Stock Units expire upon their conversion and payment in shares of the Company's Common Stock.