PKG director receives 591-share equity award

Farrington Duane C reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Farrington Duane C reported acquisition or exercise transactions in this Form 4 filing.

PACKAGING CORP OF AMERICA director Duane C. Farrington received 591 shares of Common Stock as an equity award. The shares were granted at no cash cost to him as the equity portion of directors fees. After this grant, he directly holds 7,243 shares of the company’s stock.

Insider Trade Summary

Grant/Award: 591 shares

Grant/Award 1 txn

Insider Farrington Duane C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	591	$0.00	$0.00

Holdings After Transaction: Common Stock — 7,243 shares (Direct)

Footnotes (1)

1. F1. Share award for equity portion of directors fees.

Key Figures

Equity award shares: 591 shares Award price per share: $0.0000 per share Shares owned after grant: 7,243 shares

3 metrics

Equity award shares 591 shares Grant of Common Stock as equity portion of directors fees

Award price per share $0.0000 per share Reported transaction price for the granted Common Stock

Shares owned after grant 7,243 shares Total direct holdings of Duane C. Farrington following the award

Key Terms

Grant, award, or other acquisition, Common Stock, equity portion of directors fees, Form 4

4 terms

Grant, award, or other acquisition financial

"transaction code description is “Grant, award, or other acquisition” for the 591 shares"

Common Stock financial

"The reported security title for the transaction is Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

equity portion of directors fees financial

"Footnote states: Share award for equity portion of directors fees"

Form 4 regulatory

"INSIDER FILING DATA (Form 4) describes the insider equity award"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PACKAGING CORP OF AMERICA (PKG) report for Duane C. Farrington?

PACKAGING CORP OF AMERICA reported that director Duane C. Farrington received 591 shares of Common Stock. This was a share award representing the equity portion of his directors fees, rather than an open-market purchase or sale.

Was the Duane C. Farrington Form 4 transaction in PKG a market buy or sell?

The Form 4 transaction was not a market buy or sell. It was coded as a grant or award acquisition, reflecting shares issued as compensation for the equity portion of directors fees, with no cash price paid per share.

How many PACKAGING CORP OF AMERICA shares does Duane C. Farrington hold after this award?

Following the 591-share award, Duane C. Farrington directly holds 7,243 shares of PACKAGING CORP OF AMERICA Common Stock. This total reflects his updated direct ownership position after the compensation-related grant reported on the Form 4.

What does the footnote on the PKG Form 4 for Duane C. Farrington explain?

The footnote explains that the 591-share award represents the equity portion of directors fees. This clarifies the transaction as routine compensation, indicating the shares were granted as part of his director pay, not as a discretionary market trade.

How is the Duane C. Farrington PKG Form 4 transaction classified by the SEC code?

The transaction is classified with code “A,” meaning a grant, award, or other acquisition. This code indicates the 591 shares of Common Stock were awarded as compensation, aligning with the note that they are for the equity portion of directors fees.

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

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Accepted by SEC EDGAR 05/12/2026 - 06:14 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farrington Duane C

(Last) (First) (Middle)

1 N. FIELD CT.

(Street)

LAKE FOREST ILLINOIS 60045

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PACKAGING CORP OF AMERICA [ PKG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/12/2026		A(1)		591	A	$0	7,243	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Share award for equity portion of directors fees.

	Kent A. Pflederer, attorney in fact	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)