Form 4: Director Thomas Souleles Receives PKG Equity Grant

Packaging Corp of America director Thomas Souleles acquired 591 shares of common stock as part of his director compensation.

Summary

• Director Thomas S. Souleles acquired 591 shares of Packaging Corp of America (PKG) common stock.
• The transaction occurred on May 12, 2026.
• The shares were granted as an equity portion of director fees.
• The acquisition price was $0 per share, representing a standard equity compensation award.
• Following this transaction, the director's total beneficial ownership is 11,202 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation with no impact on company fundamentals.

Positives

• Director maintains a direct equity stake in the company, aligning interests with shareholders.

Negatives

• None.

Risks

• None.

Future Outlook

Not applicable as this is a routine disclosure of director compensation.

Industry Context

StockSavvy.ai notes that routine equity grants to directors are standard corporate governance practices in the packaging and materials sector, intended to ensure long-term alignment between board members and shareholders.

Comparison to Industry Standards

• The issuance of equity as part of director compensation is consistent with standard practices for S&P 500 and mid-cap industrial companies.
• The transaction size is immaterial relative to the total market capitalization of Packaging Corp of America.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity-based compensation award.

Key Dates

Keywords

PKG, Packaging Corp of America, Insider Trading, Form 4, Director Compensation, Equity Grant