Graphic Packaging (NYSE: GPK) CEO granted 165,030 service-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAPHIC PACKAGING HOLDING CO President and CEO Robbert Rietbroek received a grant of 165,030 Service-Based Restricted Stock Units on February 25, 2026. These units were awarded at a price of $0.00 per unit, reflecting equity-based compensation rather than an open-market purchase.
The restricted stock units vest in three substantially equal parts on the first, second, and third anniversaries of the grant date, with earlier vesting possible in cases such as death, disability, retirement, involuntary termination, or change in control. The units will expire when they are converted and paid in shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rietbroek Robbert
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Service-Based Restricted Stock Units | 165,030 | $0.00 | -- |
Holdings After Transaction:
Service-Based Restricted Stock Units — 165,030 shares (Direct)
Footnotes (1)
- 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. 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
What insider transaction did GPK President and CEO Robbert Rietbroek report?
Robbert Rietbroek reported receiving a grant of 165,030 Service-Based Restricted Stock Units as equity compensation. The units were awarded at a price of $0.00 per unit and increase his direct equity-based interest in Graphic Packaging Holding Co over time as they vest.
How many restricted stock units were granted to GPK’s CEO in this Form 4?
The CEO received 165,030 Service-Based Restricted Stock Units. This entire amount is reported as directly owned following the transaction, highlighting a significant equity-based award that will convert into shares of common stock as vesting conditions are met over the scheduled period.
What are the vesting terms for the 165,030 Service-Based Restricted Stock Units at GPK?
The 165,030 Service-Based Restricted Stock Units vest in three substantially equal tranches on the first, second, and third anniversaries of the February 25, 2026 grant date. Vesting can accelerate upon events such as death, disability, retirement, involuntary termination, or a change in control.
Does the GPK CEO’s restricted stock unit grant involve any cash purchase?
No, the restricted stock units were granted at a price of $0.00 per unit, indicating a compensation award rather than a cash purchase. Shares of common stock will be delivered when the units vest and are settled, according to the terms described in the filing’s footnotes.
What happens to the GPK restricted stock units after they vest and are settled?
The Service-Based Restricted Stock Units expire upon their conversion and payment in shares of Graphic Packaging’s common stock. Once shares are delivered following vesting, the units themselves no longer exist, as they are effectively replaced by the underlying common stock.