GPK SVP granted 12,006 restricted stock units
Graphic Packaging Holding Company reported that SVP, Paperboard Manufacturing Michael James Farrell acquired 12,006 Service-Based Restricted Stock Units as an equity award.
Rhea-AI Filing Summary
Graphic Packaging Holding Company reported that SVP, Paperboard Manufacturing Michael James Farrell acquired 12,006 Service-Based Restricted Stock Units as an equity award. The units were granted at $0.00 per unit and vest in three substantially equal tranches on the first, second and third anniversaries of the grant date, with accelerated treatment possible in cases such as death, disability, retirement, involuntary termination or change in control. The units expire when they are converted and paid in shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Service-Based Restricted Stock Units | 12,006 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Service-Based Restricted Stock Units vest and become payable in three substantially equal tranches on the first, second and third anniversaries of the date of grant, except in the event of death, disability, retirement, involuntary termination or change in control.
- F2. The Service-Based Restricted Stock Units expire upon their conversion and payment in shares of the Company's Common Stock as described under "Date Exerciseable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GPK executive Michael James Farrell report?
How many restricted stock units did the GPK SVP receive in this Form 4?
Are the restricted stock units granted to GPK’s executive immediately vested?
Under what conditions can the GPK restricted stock units vest differently than scheduled?
What happens to the GPK restricted stock units after they vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.