Form 4: Graphic Packaging Holding Co: SVP & CAO Charles D. Lischer Reports Grant of Service-Based Restricted Stock Units
SEC Form 4 Filing
Charles D. Lischer, SVP & CAO of Graphic Packaging Holding Co, reports the acquisition of 6,711 Service-Based Restricted Stock Units on February 26, 2025.
Summary
- On February 26, 2025, Charles D. Lischer, SVP & CAO of Graphic Packaging Holding Co, was granted 6,711 Service-Based Restricted Stock Units.
- These units vest in three substantially equal tranches on the first, second, and third anniversaries of the grant date, with exceptions for death, disability, retirement, involuntary termination, or change in control.
- The restricted stock units expire upon conversion and payment in shares of the company's common stock.
- The grant of Service-Based Restricted Stock Units is 1/3 of a total grant that includes Performance-Based Restricted Stock Units, which are reportable upon settlement.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard executive compensation practices. It's neutral to slightly positive as it reflects alignment of management and shareholder interests.
Positives
- The vesting schedule incentivizes continued service by the executive.
- The grant aligns the executive's interests with those of the shareholders through equity ownership.
Future Outlook
The executive's compensation is tied to the company's performance and continued service.
Industry Context
Granting stock-based compensation is a common practice to align executive interests with shareholder value in publicly traded companies.
Comparison to Industry Standards
- Stock-based compensation is a standard practice among publicly traded companies to incentivize executives.
- The vesting schedule of three years is typical for restricted stock units.
- Companies like International Paper (IP) and WestRock (WRK) also utilize stock-based compensation for their executives.
Stakeholder Impact
- Shareholders may view the stock grant positively as it aligns management's interests with the company's long-term success.
- Employees may see the grant as a sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Grant of Service-Based Restricted Stock Units |
| 02/28/2025 | Date of report filing |
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