Form 4: Packaging Corp of America Executive Donald R. Shirley Reports Stock Transaction
SEC Form 4 Filing
Donald R. Shirley, SVP of Packaging Corp of America, reports disposition of 993 shares to cover tax obligations related to vesting equity awards.
Summary
- On February 24, 2025, Donald R. Shirley, a Senior Vice President at Packaging Corp of America (PKG), reported a transaction involving the company's common stock.
- Shirley disposed of 993 shares of common stock to cover withholding tax obligations associated with vesting equity awards.
- The transaction was executed at a price of $209.74 per share.
- Following the transaction, Shirley directly owns 14,732 shares of PKG common stock and indirectly owns 6,232 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock transaction |
| 02/25/2025 | Date of signature by attorney in fact |
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