Mark W. Kowlzan - Jun 28, 2023 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
Jun 28, 2023
Transactions value $
-$2,351,845
Form type
4
Date filed
6/30/2023, 01:17 PM
Previous filing
Mar 23, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKG Common Stock Tax liability -$2.35M -18.2K -3.5% $129.40 501K Jun 28, 2023 Direct F1
transaction PKG Common Stock Award $0 +2.42K +0.48% $0.00 504K Jun 28, 2023 Direct F2
holding PKG Common Stock 18.6K Jun 28, 2023 401k plan
holding PKG Common Stock 2.57K Jun 28, 2023 by spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Payout in shares of accumulated dividends on vesting performance units.
F3 Reporting person disclaims beneficial ownership of shares held by spouse.