Form 4: Graphic Packaging Holding Co. EVP and CFO Stephen R. Scherger Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Stephen R. Scherger, EVP and CFO of Graphic Packaging Holding Co., reports the acquisition and disposal of common stock and derivative securities related to service and performance-based restricted stock units on February 22, 2025.

Summary

  • On February 22, 2025, Stephen R. Scherger, the EVP and CFO of Graphic Packaging Holding Co., engaged in transactions involving the company's common stock and derivative securities.
  • Scherger acquired 27,683 shares of common stock through the settlement of performance-based restricted stock units.
  • He also acquired 110,734 shares of common stock.
  • Concurrently, Scherger disposed of 12,385 shares at a price of $27.08 and another 49,406 shares at the same price to cover tax obligations.
  • Following these transactions, Scherger directly owns 587,362 shares of Graphic Packaging Holding Co.
  • He also transacted 27,683 service-based restricted stock units, which expire upon conversion and payout in shares of common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine regulatory filing.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock.

Stakeholder Impact

  • The transactions could have a minor impact on shareholders due to the change in ownership by a key executive, but the overall impact is likely minimal.

Key Dates

DateDescription
02/22/2025Date of earliest transaction and multiple transactions involving common stock and derivative securities.
02/24/2025Date of signature by Attorney-in-Fact.

Keywords

Form 4, Stephen R. Scherger, Graphic Packaging Holding Co, GPK, Stock Transactions, Restricted Stock Units, Beneficial Ownership, EVP, CFO

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.