PKG (PKG) director Donna Harman granted 591-share equity award as board fees

Rhea-AI Filing Summary

PACKAGING CORP OF AMERICA director receives share award as part of board compensation. Director Donna A. Harman acquired 591 shares of common stock on May 12, 2026 at no cash cost, described as the equity portion of directors’ fees. Following this grant, she directly holds 5,179 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Harman Donna A.

Role null

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

Holdings After Transaction: Common Stock — 5,179 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares awarded: 591 shares Price per share: $0.0000 Post-transaction holdings: 5,179 shares

3 metrics

Shares awarded 591 shares Equity portion of directors’ fees on May 12, 2026

Price per share $0.0000 Compensation grant, no cash paid by director

Post-transaction holdings 5,179 shares Common stock held directly by Donna A. Harman after grant

Key Terms

Form 4, Grant, award, or other acquisition, directly holds

3 terms

Form 4 regulatory

"The PKG Form 4 shows a compensation grant, not a market trade."

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.

Grant, award, or other acquisition financial

"The Form 4 identifies this as a grant tied to directors’ fees rather than an open-market purchase or sale."

directly holds financial

"Following this grant, she directly holds 5,179 common shares."

Form 4 Insider Transactions: What Each Field Means →

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^*

Harman Donna A.

(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	5,179	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)

FAQ

What insider transaction did PACKAGING CORP OF AMERICA (PKG) report for Donna A. Harman?

PACKAGING CORP OF AMERICA reported that director Donna A. Harman received 591 shares of common stock as an equity award. The Form 4 identifies this as a grant tied to directors’ fees rather than an open-market purchase or sale.

Was the PKG Form 4 transaction a stock purchase or a compensation grant?

The PKG Form 4 shows a compensation grant, not a market trade. Code “A” and a zero price indicate a grant or award of 591 common shares as the equity portion of director fees for Donna A. Harman.

How many PACKAGING CORP OF AMERICA shares does Donna A. Harman hold after this Form 4?

After receiving the 591-share award, Donna A. Harman directly holds 5,179 shares of PACKAGING CORP OF AMERICA common stock. This total reflects her position immediately following the reported compensation-related grant on May 12, 2026.

Did Donna A. Harman pay cash for the PKG shares reported in this Form 4?

Donna A. Harman did not pay cash for these shares. The Form 4 shows a price per share of 0.0000, and a footnote clarifies the 591-share award represents the equity portion of her directors’ fees at PACKAGING CORP OF AMERICA.

Does the PKG Form 4 for Donna A. Harman involve any derivative securities or options?

The PKG Form 4 for Donna A. Harman does not report any derivative securities. The filing lists a single non-derivative transaction in common stock, coded as an award of 591 shares with no accompanying option exercises or other derivative activity.