GPK SVP & CIO granted 6,549 restricted stock units
GRAPHIC PACKAGING HOLDING CO senior vice president and chief information officer Nikhil Narvekar received a grant of 6,549 Service-Based Restricted Stock Units.
Rhea-AI Filing Summary
GRAPHIC PACKAGING HOLDING CO senior vice president and chief information officer Nikhil Narvekar received a grant of 6,549 Service-Based Restricted Stock Units. These units were awarded at no cash cost to him and represent a form of stock-based compensation rather than an open-market share purchase.
The restricted stock units vest in three substantially equal installments on the first, second, and third anniversaries of the February 25, 2026 grant date, subject to continued service and certain conditions related to death, disability, retirement, involuntary termination, or change in control. Once vested, the units convert into shares of the company’s common stock and then expire.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Service-Based Restricted Stock Units | 6,549 | $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 Nikhil Narvekar report on this Form 4?
How many restricted stock units did the GPK SVP and CIO receive?
How do the GPK Service-Based Restricted Stock Units reported by Narvekar vest?
What happens to the GPK restricted stock units once they vest for Nikhil Narvekar?
Does this GPK Form 4 indicate a buy or sell of common stock by the executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.