4/A: Packaging Corp of America Executive Corrects Shareholding in Amended SEC Filing

An amended SEC filing reveals a correction in the number of shares beneficially owned by Packaging Corp of America's EVP & CFO, Robert P. Mundy, following a previous transaction.

Summary

• This document is an amended SEC Form 4 filing by Robert P. Mundy, the EVP & CFO of Packaging Corp of America.
• The amendment corrects the number of shares beneficially owned after a transaction reported in the original filing.
• The original filing, dated November 12, 2024, incorrectly stated the number of shares as 43,954.
• The corrected filing shows the actual number of shares beneficially owned as 38,171.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction is a positive for accuracy and transparency.

Industry Context

This type of filing is standard for corporate insiders and is required by the SEC to ensure transparency in stock ownership.

Comparison to Industry Standards

• SEC Form 4 filings are a common practice for all publicly traded companies in the United States.
• The correction of a previously filed Form 4 is not unusual and is often done to ensure accuracy.
• Similar filings are made by executives at companies like International Paper (IP) and WestRock (WRK), which are competitors of Packaging Corp of America.

Stakeholder Impact

• The correction ensures accurate information for shareholders regarding executive shareholdings.
• This filing promotes transparency and trust in the company's reporting practices.

Key Dates

Keywords

SEC Filing, Form 4, Beneficial Ownership, Shareholding, Amendment, Packaging Corp of America, Robert P. Mundy, Executive Compensation