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Hassfurther trust plans $6.5M Packaging Corp (PKG) stock sale under Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Packaging Corporation of America received a notice of proposed insider share sales under Rule 144. A trust associated with Thomas A. Hassfurther filed to sell 26,450 shares of common stock through Charles Schwab on the NYSE, with an aggregate market value of $6,526,537, on or after February 13, 2026.

The shares to be sold were acquired through stock grants from the issuer between July 11, 2023 and February 28, 2024, totaling 26,450 shares as equity compensation. The filing also reports that the same trust sold 12,129 common shares on February 5, 2026 for gross proceeds of $2,795,734. The signer represents they are not aware of undisclosed material adverse information about the company.

Positive

  • None.

Negative

  • None.

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

FAQ

What does the Form 144 filing for PKG disclose about planned share sales?

The filing reports a planned sale of 26,450 Packaging Corporation of America common shares. These shares, valued at about $6,526,537, are to be sold through Charles Schwab on the NYSE on or after February 13, 2026 under Rule 144.

Who is selling Packaging Corporation of America (PKG) shares in this Form 144?

The seller is the Thomas A. Hassfurther Trust, with Thomas A. Hassfurther listed as trustee. The trust is the account for which the securities are to be sold, as disclosed in the notice filed under Rule 144 for these Packaging Corporation of America common shares.

How were the PKG shares in the Form 144 acquired by the seller?

The 26,450 Packaging Corporation of America shares were acquired via stock grants from the issuer. Grants occurred on July 11, 2023, February 26, 2024, and February 28, 2024, and were described as equity compensation rather than cash purchases.

What recent PKG share sales are reported for the same seller?

The trust reported selling 12,129 Packaging Corporation of America common shares on February 5, 2026. These shares generated gross proceeds of $2,795,734, and this transaction occurred within the three months preceding the new planned Rule 144 sale.

On which exchange will the PKG shares in this Form 144 be sold?

The notice states the Packaging Corporation of America common shares are expected to be sold on the NYSE. Charles Schwab is listed as the broker, and the approximate sale date in the filing is February 13, 2026, subject to Rule 144 conditions.

Does the PKG Form 144 mention any undisclosed negative information about the company?

The signer represents they do not know of any material adverse information about Packaging Corporation of America. The representation covers current and prospective operations and confirms that any such information has already been publicly disclosed, consistent with Rule 144 requirements.
Packaging Corp Amer

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22.16B
87.87M
1.46%
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2.31%
Packaging & Containers
Paperboard Containers & Boxes
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United States
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