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Packaging Corporation of America (PKG) files Form 144 for NYSE common stock sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Employee compensation shares 7,063 shares Common stock transaction dated 02/24/2025 under employee compensation
Equity compensation shares 8,797 shares Common stock transaction dated 03/04/2025 under equity compensation
Equity compensation shares 12,531 shares Common stock transaction dated 04/04/2025 under equity compensation
Form 144 regulatory
"submitted a notice of proposed sale of common stock under Form 144"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Employee Compensation financial
"Common Stock | 02/24/2025 | Employee Compensation | Issuer"
Equity Compensation financial
"Common Stock | 03/04/2025 | Equity Compensation | Issuer"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does Packaging Corporation of America (PKG) report in this Form 144?

PKG reports a planned sale of common stock under Form 144, using Charles Schwab & Co., Inc. as broker, and discloses related employee and equity compensation stock transactions in the prior three months.

Which broker is listed for the PKG Form 144 common stock sale?

The broker listed is Charles Schwab & Co., Inc., located at 3000 Schwab Way, Westlake, Texas 76262, handling the proposed NYSE common stock sale under this Form 144 notice.

On which exchange is the PKG common stock in this Form 144 listed?

The common stock referenced in this Form 144 is listed on the NYSE. The filing identifies the security as common stock and ties trading to the New York Stock Exchange listing.

What past three-month securities activity is summarized in PKG’s Form 144?

The form summarizes several common stock transactions during the past three months under employee and equity compensation programs, each with a specific date and share amount included in the regulatory disclosure.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature