Form 4: GPK SVP Converts RSUs, Sells Shares for Tax

Graphic Packaging Holding Co. SVP Michael Farrell converted service-based restricted stock units and sold a portion of the resulting common stock for tax obligations.

Summary

• Michael James Farrell, SVP, Paperboard Mfg. at Graphic Packaging Holding Co. (GPK), reported transactions on February 26, 2026.
• Acquired 4,057 shares of Common Stock through the conversion of Service-Based Restricted Stock Units (RSUs) at a price of $0 per share.
• Disposed of 1,465 shares of Common Stock at a price of $12.1 per share to cover tax withholding obligations related to the RSU conversion.
• Following these transactions, Michael James Farrell beneficially owns 146,726 shares of Common Stock directly.
• The Service-Based Restricted Stock Units expire upon their conversion and payout in shares of the Company's Common Stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as it represents the vesting of executive compensation, indicating continued employment and a routine tax-related share disposition.

Positives

• The acquisition of 4,057 shares of Common Stock indicates the vesting of executive compensation, reflecting continued employment and performance.

Negatives

• A disposition of 1,465 shares occurred, though this was for tax withholding purposes, which is a routine event following RSU vesting.

Future Outlook

NA

Industry Context

StockSavvy.ai notes this Form 4 details a routine insider transaction, specifically the vesting and tax-related sale of restricted stock units, which is specific to the individual and not indicative of broader industry trends or company performance.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, small-scale insider transaction related to executive compensation and tax obligations.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations. Such transactions are common for executive compensation and typically do not provide significant new information to warrant a change in investment recommendation.

Keywords

Graphic Packaging Holding Co, GPK, Michael Farrell, Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Common Stock, Share Sale, Tax Withholding