Fuller & Thaler Discloses 18.02M Shares, 5.97% of GPK

Rhea-AI Filing Summary

Fuller & Thaler Asset Management, Inc. filed a Schedule 13G/A reporting beneficial ownership of 18,019,461.61 shares of Graphic Packaging Holding Co common stock, representing 5.97% of the class. The filer reports 17,764,578.61 shares with sole voting power and 18,019,461.61 shares with sole dispositive power. The statement identifies Fuller & Thaler as an investment adviser acting for clients who retain the right to dividends or sale proceeds. The filing lists the issuer address and the filer’s San Mateo address. The document shows a report date of 06/30/2025 and a signature dated 08/14/2005, both as presented in the filing.

Positive

• Disclosure exceeds 5% threshold, providing transparency about a material passive stake in GPK
• Clear separation of sole voting and dispositive powers reported
• Filer identifies adviser-client relationship and states holdings are held in the ordinary course of business

Negative

• Inconsistent dates appear in the filing (report date 06/30/2025 and signature date 08/14/2005) which may raise clerical concerns
• No information on changes in the position size or acquisition dates is provided in the text

Insights

Securities Analyst

TL;DR: Investment adviser holds a ~6% stake with sole voting and dispositive power over most shares.

Fuller & Thaler is disclosed as an investment adviser with 18.02 million shares beneficially owned, equal to 5.97% of Graphic Packaging (GPK). The position size is material relative to typical 5% reporting thresholds and may warrant monitoring by investors, but the filer states holdings are in the ordinary course of business and not for control purposes. The filing clearly separates voting and dispositive powers and identifies the adviser-client relationship that gives clients the right to dividends and sale proceeds.

Corporate Governance Expert

TL;DR: Adviser disclosure is standard; adviser-client ownership and voting powers are clearly specified.

The Schedule 13G/A follows passive-investor disclosure norms by indicating the filer is an investment adviser (Type: IA) and by affirming ordinary-course holdings. Reported sole voting power of 17.76 million versus sole dispositive power of 18.02 million suggests the adviser controls transactions while clients retain economic interests. The statement notes client rights to dividends and proceeds, which is pertinent for governance and stewardship considerations.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Graphic Packaging Holding Co

(Name of Issuer)

Common Stock

(Title of Class of Securities)

388689101

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 388689101

1

Names of Reporting Persons

Fuller & Thaler Asset Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 17,764,578.61
6	Shared Voting Power 0.00
7	Sole Dispositive Power 18,019,461.61
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

18,019,461.61

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.97 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Graphic Packaging Holding Co
(b)	Address of issuer's principal executive offices: 1500 Riveredge Parkway Suite 100, Atlanta, GA 30328
Item 2.
(a)	Name of person filing: Fuller & Thaler Asset Management, Inc.
(b)	Address or principal business office or, if none, residence: 411 Borel Avenue, Suite 300, San Mateo, CA 94402
(c)	Citizenship: California corporation
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 388689101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 18,019,461.61
(b)	Percent of class: 5.97 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 17,764,578.61
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 18,019,461.61
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Fuller & Thaler Asset Management, Inc. is deemed to be thebeneficial owner of the number of securities reflected in Items5-9 and 11 of page two (2) of this Schedule 13G pursuant toseparate arrangements whereby it acts as investment adviser tocertain persons. Each person for whom Fuller & Thaler AssetManagement, Inc. acts as investment adviser has the right toreceive or the power to direct the receipt of dividends from,or the proceeds from the sale of, the Common Stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Fuller & Thaler Asset Management, Inc.

Signature:	Hanna Zanoni
Name/Title:	Hanna Zanoni,Chief Compliance Officer
Date:	08/14/2005

FAQ

What stake does Fuller & Thaler Asset Management hold in Graphic Packaging (GPK)?

The filing reports beneficial ownership of 18,019,461.61 shares, equal to 5.97% of the class.

How much voting power does Fuller & Thaler report for GPK?

The filer reports 17,764,578.61 shares as sole voting power and 0 shares as shared voting power.

Does Fuller & Thaler act on behalf of clients for these GPK shares?

Yes. The filing states Fuller & Thaler is an investment adviser acting for certain persons who have the right to dividends and sale proceeds.

Is the reported position intended to influence control of Graphic Packaging?

The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

What addresses are listed for the issuer and the filer?

Issuer address: 1500 Riveredge Parkway Suite 100, Atlanta, GA 30328. Filer address: 411 Borel Avenue, Suite 300, San Mateo, CA 94402.