Form 4: Packaging Corp of America Executive Hassfurther Reports Stock Transactions
SEC Form 4 Filing
Thomas A. Hassfurther, a President at Packaging Corp of America, reports acquisition and disposal of company stock related to performance units and tax obligations.
Summary
- On March 4, 2025, Thomas A. Hassfurther, President of Packaging Corp of America, reported transactions involving the company's common stock.
- These transactions include the acquisition of 13,277 shares and 1,230 shares related to the payout of performance units and accumulated dividends, respectively.
- Additionally, 5,710 shares were disposed of to cover withholding tax obligations.
- Following these transactions, Hassfurther directly owns 196,660 shares and indirectly owns 11,780 shares through a 401(k) plan, 53,862 shares through a spouse, and 34,293 shares through an investment entity.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| February 23, 2021 | Date performance units were awarded to the reporting person. |
| March 4, 2025 | Date of the reported stock transactions and certification of performance measure attainment. |
| March 6, 2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.