PACKAGING CORP OF AMERICA (PKG) SEC Filings

Packaging Corp of America (PKG) director Donald Ray Shirley filed a Rule 144 notice to sell up to 12,000 shares of PKG common stock through Merrill Lynch on the NYSE, with a proposed sale date of 08/20/2026. The notice lists an aggregate market value of $3,000,000 for these shares and states that PKG had 89,098,299 shares outstanding. The shares derive from several stock bonus awards granted between 2024 and 2026.

PACKAGING CORP OF AMERICA President Thomas A. Hassfurther reported selling 7,063 shares of Common Stock on 2026-08-07 at $254.00 per share in an open-market or private transaction. Following this sale, he directly holds 202,891 shares and reports indirect holdings of 12,176 shares by a 401(k) plan, 53,862 shares held by his spouse, and 34,293 shares through an investment entity, while disclaiming beneficial ownership of the spouse-held shares and, except for his pecuniary interest, the investment-entity shares.

State Street Corporation reported beneficial ownership of common stock of Packaging Corp of America. State Street and its investment adviser subsidiaries collectively beneficially own 4,620,150 shares of common stock, representing 5.2% of the class as of June 30, 2026. The filing shows 0 shares with sole voting and dispositive power and 3,076,078 shares with shared voting power, while 4,615,464 shares are subject to shared dispositive power. The position is held through multiple State Street Global Advisors entities acting as investment advisers, and the filing indicates no other person is known to have rights to more than 5% of the class through these holdings.

Packaging Corporation of America reported net sales of $2,489.9 million for the quarter ended June 30, 2026, compared with $2,171.3 million a year earlier. Net income declined to $192.1 million from $241.5 million and diluted EPS to $2.15 from $2.67, as income from operations decreased to $291.2 million from $333.7 million and interest expense, net rose to $33.3 million from $13.1 million.

For the first six months of 2026, net sales were $4,857.6 million and net income was $363.0 million, both below the prior-year period. Results included $59.7 million of expenses tied to the Wallula mill shutdown, other facility-closure and sustainability project write-off costs, and $6.7 million of acquisition and integration charges related to the Greif containerboard business and other deals. Operating cash flow was strong at $705.3 million, funding $370.6 million of capital spending, $223.2 million of dividends and $58.8 million of share repurchases. The company ended June 30, 2026 with $442.8 million of cash, $3,968.9 million of long-term debt and total assets of $11,015.5 million, and increased its annual common dividend rate from $5.00 to $6.00 per share.

Packaging Corp of America president Thomas A. Hassfurther reported open-market sales of company common stock. He sold 8,797 shares on August 5, 2026 at $257 per share and 12,531 shares on August 3, 2026 at $250 per share, totaling 21,328 shares. The trades were not reported as made under a Rule 10b5-1 trading plan. Reported indirect positions include 12,176 shares in a 401(k) plan, 53,862 shares held by his spouse, for which he disclaims beneficial ownership, and 34,293 shares held through an investment entity, for which he reports beneficial ownership only to the extent of his pecuniary interest.

PKG submitted a notice of proposed sale of common stock under Form 144, identifying Charles Schwab & Co., Inc. as the broker and listing the stock on the NYSE. The notice also details prior transactions related to employee and equity compensation over the past three months, including multiple dated grants or sales of common stock.

Packaging Corporation of America reported second quarter 2026 net income of $192.1 million, or $2.15 diluted EPS, compared with $241.5 million, or $2.67, a year earlier. Excluding special items, net income was $210.1 million and diluted EPS was $2.35, versus $224.2 million and $2.48.

Net sales rose to $2.49 billion from $2.17 billion, driven by a 24.3% increase in total corrugated products shipments, including 4.1% growth in legacy operations, and contributions from the acquired Greif business. Corrugated shipments in legacy operations reached an all‑time quarterly record, and containerboard production was 1,415,000 tons.

The year‑over‑year EPS decline excluding special items reflected $0.27 lower earnings in the legacy business, partly offset by $0.14 of earnings from Greif. Management cited higher freight, corporate, labor, operating and fiber costs, partially offset by higher volumes and better paper pricing. EBITDA excluding special items increased to $485.7 million from $450.8 million. The company expects third quarter 2026 earnings of $2.91 per share, excluding special items.

Packaging Corp of America Chairman & CEO Mark W. Kowlzan sold shares of company stock. He completed an open‑market sale of 9,266 shares of common stock at a weighted average price of $217.0760 per share, leaving him with 473,610 directly held shares.

The filing also reports indirect holdings of 20,503 shares in a 401k plan and 2,565 shares held by his spouse, for which he disclaims beneficial ownership. The price disclosed is a weighted average; detailed trade prices within the range are available on request.