Form 4: Graphic Packaging Holding Co. Executive Exercises Stock Options, Disposes of Shares
SEC Form 4 Filing
Michael James Farrell, EVP of Mills Division at Graphic Packaging Holding Co., exercised service-based restricted stock units and disposed of shares to cover tax obligations.
Summary
- On February 15, 2025, Michael James Farrell, EVP of Mills Division at Graphic Packaging Holding Co., exercised 4,176 service-based restricted stock units.
- Following the exercise, Farrell disposed of 1,907 shares of common stock at a price of $26.69 to satisfy tax obligations.
- After these transactions, Farrell directly owns 83,295 shares of Graphic Packaging Holding Co. common stock and 8,481 derivative securities.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions related to executive compensation. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of earliest transaction: Exercise of service-based restricted stock units and disposal of shares. |
| 02/17/2025 | Date of signature on the Form 4 filing. |
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