What price was reported for the PKG share grant to the director?

The share grant to the director was recorded at a price of $0.0000 per share. This indicates the 591 shares of common stock were awarded as compensation, not purchased with cash in the open market.

PKG (PKG) director granted 591 common shares as equity compensation

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SOULELES THOMAS S reported acquisition or exercise transactions in this Form 4 filing.

PACKAGING CORP OF AMERICA director receives share award. Director Thomas S. Souleles was granted 591 shares of common stock on a non-cash basis as an equity portion of director fees. After this award, his directly held common stock position reported in this filing increased to 11,202 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SOULELES THOMAS S

Role null

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

Holdings After Transaction: Common Stock — 11,202 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Shares granted: 591 shares Grant price: $0.0000 per share Shares held after grant: 11,202 shares

3 metrics

Shares granted 591 shares Common Stock grant as equity portion of director fees

Grant price $0.0000 per share Reported transaction price for awarded shares

Shares held after grant 11,202 shares Total directly held common stock following transaction

Key Terms

Grant, award, or other acquisition, Common Stock, direct ownership, director fees

4 terms

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

Common Stock financial

"security_title": "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.

direct ownership financial

"ownership_type": "direct"

director fees financial

"Share award for equity portion of directors fees."

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 07:06 PM

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^*

SOULELES THOMAS S

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/12/2026		A⁽¹⁾		591	A	$0	11,202	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PKG director Thomas Souleles report?

Director Thomas S. Souleles reported receiving 591 shares of PACKAGING CORP OF AMERICA common stock. The shares were granted as an equity portion of director fees, meaning this was compensation rather than an open-market purchase or sale.

Was the PKG insider transaction a buy or a sale of shares?

The PKG insider transaction was an acquisition through a grant or award, not a market trade. The Form 4 shows transaction code "A" for 591 common shares, classified as a grant, award, or other acquisition at no cash cost.

How many PKG shares does Thomas Souleles hold after this Form 4?

After this reported grant, Thomas S. Souleles directly holds 11,202 shares of PACKAGING CORP OF AMERICA common stock. This total reflects the addition of 591 shares received as an equity component of his director compensation.

How is the Form 4 PKG transaction classified by the SEC codes?

The PKG transaction carries SEC transaction code "A", described as a grant, award, or other acquisition. It is labeled as a non-derivative transaction in common stock, with direction marked as an acquisition rather than a buy or sell.