Insider associated with PKG (NYSE: PKG) files Rule 144 to sell 12,129 shares

Rhea-AI Filing Summary

Packaging Corporation of America has a holder planning to sell 12,129 shares of its common stock under Rule 144. The shares have an aggregate market value of $2,800,832.00 based on the filing and are expected to be sold on the NYSE through Charles Schwab & Co., Inc.

The shares were originally acquired on 03/25/2024 as employee equity compensation, rather than for cash. The notice also includes a representation that the seller is not aware of any undisclosed material adverse information about the company’s current or future operations.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	12129	2800832.00	89977067	02/05/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/25/2024	Employee Compensation	Issuer			12129	03/25/2024	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filing by PKG relate to?

The Form 144 relates to a planned sale of 12,129 shares of Packaging Corporation of America common stock. These shares are being sold under SEC Rule 144, which governs resales of restricted or control securities in the public market.

How many PKG shares are planned to be sold and on which exchange?

The filing covers a planned sale of 12,129 common shares of Packaging Corporation of America. The shares are expected to be sold on the New York Stock Exchange (NYSE), providing public market liquidity for the holder under Rule 144.

What is the aggregate market value of the PKG shares in this Form 144?

The 12,129 Packaging Corporation of America shares have an aggregate market value of $2,800,832.00 according to the filing. This figure reflects the value used for the Rule 144 notice, not a guaranteed sale price or proceeds amount.

How and when were the PKG shares in this Form 144 acquired?

The shares were acquired on 03/25/2024 as employee compensation from the issuer. The filing notes the nature of payment as equity compensation, meaning the holder received stock instead of cash as part of their compensation package.

Which broker is handling the planned PKG share sale under Rule 144?

The planned sale of Packaging Corporation of America shares is designated through Charles Schwab & Co., Inc., located in Westlake, Texas. This broker will execute the transactions on the NYSE subject to market conditions and applicable trading rules.

How many PKG shares are outstanding compared with the amount in this Form 144?

The filing states that 89,977,067 shares of Packaging Corporation of America common stock are outstanding. The 12,129 shares covered by this Form 144 represent only a small fraction of the total outstanding equity baseline.

What assurance does the seller provide about PKG’s non-public information?

The seller represents that they do not know any material adverse information about Packaging Corporation of America’s current or prospective operations that has not been publicly disclosed, as required when filing a Rule 144 notice for planned sales.