Graphic Packaging (NYSE: GPK) grants 12,158 service RSUs to SVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAPHIC PACKAGING HOLDING CO senior executive Fallan Scott, SVP & President, International, reported receiving a grant of 12,158 Service-Based Restricted Stock Units. These RSUs vest in three substantially equal tranches on the first, second and third anniversaries of the grant date and are settled in common stock.
The units may vest earlier in situations such as death, disability, retirement, involuntary termination or change in control. They expire when converted and paid in shares of the company’s common stock, so they function as equity-based compensation tied to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fallan Scott
Role
SVP & President, International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Service-Based Restricted Stock Units | 12,158 | $0.00 | -- |
Holdings After Transaction:
Service-Based Restricted Stock Units — 12,158 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 executive Fallan Scott report on this Form 4?
Fallan Scott reported acquiring 12,158 Service-Based Restricted Stock Units as equity compensation. The award was reported as a grant with no cash purchase price, reflecting stock-based incentives rather than an open-market transaction, and is tied to continued employment with the company.
How do the 12,158 restricted stock units for GPK’s Fallan Scott vest?
The 12,158 Service-Based Restricted Stock Units vest in three substantially equal tranches. Vesting occurs on the first, second and third anniversaries of the grant date, aligning the executive’s compensation with multi-year service and long-term performance at Graphic Packaging Holding Co.
Under what circumstances can GPK’s restricted stock units for Fallan Scott vest early?
The restricted stock units can vest earlier than scheduled in specific situations. These include death, disability, retirement, involuntary termination, or a change in control, providing protection for the executive if employment ends or the company’s ownership structure changes significantly.
How are the Service-Based Restricted Stock Units for GPK settled when they vest?
When the Service-Based Restricted Stock Units vest, they are paid in shares of Graphic Packaging’s common stock. The units expire upon this conversion and payment, effectively turning the right to receive stock into actual shares that the executive then directly owns.
Did Fallan Scott pay cash for the 12,158 GPK restricted stock units?
No cash was paid for this award, as indicated by the reported price of 0.0000 per unit. The transaction is classified as a grant or award, reflecting stock-based compensation granted by the company rather than a purchase in the open market.
What ownership type is reported for Fallan Scott’s GPK restricted stock units?
The filing classifies ownership of the restricted stock units as direct. After the grant of 12,158 units, the total derivative securities reported as held directly by Fallan Scott equals 12,158, highlighting her personal equity-linked stake in the company’s common stock.