Form 4: Packaging Corp of America EVP & CFO Robert P. Mundy Sells 12,500 Shares

Robert P. Mundy, EVP & CFO of Packaging Corp of America, sold 12,500 shares of common stock at an average price of $240.619 on November 8, 2024.

Summary

• On November 8, 2024, Robert P. Mundy, the EVP & CFO of Packaging Corp of America (PKG), sold 12,500 shares of the company's common stock.
• The sale was executed at a weighted average price of $240.619 per share.
• The price range for the shares sold varied between $240.34 and $240.83.
• Following the transaction, Mundy directly owns 43,954 shares of Packaging Corp of America.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on November 12, 2024.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can provide insights into management's perspective on the company's valuation and future prospects. However, single transactions are not necessarily indicative of a trend.

Key Dates