Form 4: Director Duane C. Farrington Acquires PKG Shares

Packaging Corp of America director Duane C. Farrington acquired 591 shares of common stock as part of his director fee compensation.

Summary

• Director Duane C. Farrington received 591 shares of Packaging Corp of America (PKG) common stock.
• The transaction occurred on May 12, 2026.
• The shares were granted as the equity portion of director fees.
• The acquisition price was $0, reflecting a standard equity-based compensation grant.
• Following this transaction, the director's total beneficial ownership is 7,243 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director alignment with shareholder interests through increased equity ownership.

Negatives

• None.

Risks

• None.

Future Outlook

Not applicable as this is a routine director compensation disclosure.

Industry Context

StockSavvy.ai notes that routine equity grants to directors are standard corporate governance practices in the packaging industry, intended to align board incentives with long-term shareholder value.

Comparison to Industry Standards

• The grant is consistent with standard compensation practices for S&P 500 companies where directors receive a portion of their annual retainer in equity.

Stakeholder Impact

• Minimal impact; reflects standard director compensation.

Key Dates

Keywords

Packaging Corp of America, PKG, Form 4, Insider Transaction, Director Compensation