What is the significance of the 591-share award to PKG director Roger B. Porter?

The 591-share award represents routine equity compensation to director Roger B. Porter. It is described as the share award for the equity portion of his director fees, indicating compensation structure rather than a discretionary open-market trade in PACKAGING CORP OF AMERICA stock.

PACKAGING CORP OF AMERICA (PKG) director receives 591-share equity fee award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

PORTER ROGER B reported acquisition or exercise transactions in this Form 4 filing.

PACKAGING CORP OF AMERICA director Roger B. Porter received a grant of 591 shares of Common Stock on May 12, 2026 as the equity portion of his director fees. The award was at no cash cost per share, and his direct holdings increased to 22,604 shares after this grant.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PORTER ROGER B

Role null

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

Holdings After Transaction: Common Stock — 22,604 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Share award size: 591 shares Price per share: $0.0000 per share Post-transaction holdings: 22,604 shares

3 metrics

Share award size 591 shares Common Stock grant to director on May 12, 2026

Price per share $0.0000 per share Reported grant price for the 591-share award

Post-transaction holdings 22,604 shares Roger B. Porter direct Common Stock holdings after grant

Key Terms

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

4 terms

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.

Grant, award, or other acquisition financial

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

director fees financial

"Share award for equity portion of directors fees."

direct ownership financial

"ownership_type: "direct" and ownership_code: "D""

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 05:47 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^*

PORTER ROGER B

(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	22,604	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 PACKAGING CORP OF AMERICA (PKG) report for Roger B. Porter?

PACKAGING CORP OF AMERICA reported that director Roger B. Porter received 591 shares of Common Stock as a share award. This equity grant represents the stock portion of his director fees and was reported as an acquisition, not an open-market purchase or sale.

Was the PKG insider transaction by Roger B. Porter a purchase or a grant?

The transaction was a grant, not a market purchase. Roger B. Porter received 591 shares of Common Stock as a share award for the equity portion of his director fees, with a reported price of $0.0000 per share on the Form 4 filing.

How many PACKAGING CORP OF AMERICA (PKG) shares does Roger B. Porter hold after this grant?

After receiving the 591-share award, Roger B. Porter directly holds 22,604 shares of PACKAGING CORP OF AMERICA Common Stock. This total includes the newly granted shares and reflects his direct ownership position as reported in the Form 4 insider filing.

Did Roger B. Porter pay cash for the 591 PKG shares he acquired?

No cash payment is indicated for the 591 shares. The Form 4 reports a transaction price per share of $0.0000, and the footnote states this is a share award for the equity portion of director fees, reflecting non-cash compensation in PACKAGING CORP OF AMERICA stock.