[Form 4] Graphic Packaging Holding Company Insider Trading Activity

Rhea-AI Filing Summary

Joseph P. Yost, EVP & President, Americas at Graphic Packaging Holding Co. (GPK), reported the sale of 30,000 shares of the company's common stock executed as multiple trades at prices ranging from $22.69 to $22.775, with a weighted average sale price of $22.72. After these dispositions the reporting person beneficially owns 255,203 shares, reported as direct ownership.

The filing documents a routine insider disposition executed through several separate trades and includes an offer to provide the breakdown of shares sold at each price upon request. No derivative transactions or changes to indirect ownership are reported in this filing.

Positive

• Transparent disclosure of sale prices and offer to provide full breakdown supports regulatory and shareholder transparency
• Significant retained ownership: reporting person still holds 255,203 shares after the sale

Negative

• Insider sale of 30,000 shares, which may attract investor attention even if not clearly material
• Sale executed via multiple trades, indicating the disposition was spread across prices rather than a single block sale

Insights

Financial Analyst

TL;DR: Insider sold a modest portion of holdings; remaining direct stake remains substantial, suggesting limited immediate impact on ownership control.

The sale of 30,000 shares at a weighted average of $22.72 represents a disclosure of liquidity activity by a senior executive rather than a corporate action. With 255,203 shares retained post-sale, the reporting person continues to hold a material personal stake. From a market-impact perspective, the transaction is not large enough relative to typical public float size to be immediately material, but it is relevant for monitoring insider behavior and potential tax or personal liquidity motives. The filing contains no derivative activity or changes in indirect holdings.

Corporate Governance Expert

TL;DR: Transaction is a routine insider disposition; disclosure is complete and offers further price breakdown on request.

The Form 4 properly discloses an open-market sale executed across multiple trades with a disclosed price range and weighted average price. The reporting person affirms willingness to provide granular sales-pricing information to regulators or shareholders, which supports governance transparency. There are no indications in this filing of rule-based plans (e.g., 10b5-1) or changes to officer status; the relationship to the issuer remains listed as EVP & President, Americas.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Yost Joseph P

(Last) (First) (Middle)

1500 RIVEREDGE PARKWAY, NW

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GRAPHIC PACKAGING HOLDING CO [ GPK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & President, Americas

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		S		30,000	D	$22.72(1)	255,203	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The 30,000 shares were sold through a number of separate trades, with sales price ranging from $22.6900 to $22.7750, and a weighted average sales price of $22.72. The reporting person undertakes to provide, upon request by the Staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

	/s/Joseph P. Yost, by Laura Lynn Church, Attorney-in-Fact	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the GPK insider sell and at what price?

The filing reports a sale of 30,000 shares of Graphic Packaging Holding Co. (GPK) at prices ranging from $22.69 to $22.775, with a weighted average of $22.72.

How many GPK shares does Joseph P. Yost own after the sale?

After the reported dispositions the reporting person beneficially owns 255,203 shares, reported as direct ownership.

Does the Form 4 show any derivative transactions or indirect ownership changes for GPK?

No. The filing shows only non-derivative common stock dispositions and reports no derivative securities or changes in indirect ownership.

What is the reporting person's role at GPK?

The reporting person is listed as EVP & President, Americas for Graphic Packaging Holding Co.

Is further detail available about the individual trade prices?

Yes. The filing states the sales were executed in multiple trades and offers to provide full information on the number of shares sold at each separate price upon request by the SEC staff, the issuer, or a security holder.