PACKAGING CORP OF AMERICA (PKG) president sells 7,063 shares at $254
Rhea-AI Filing Summary
PACKAGING CORP OF AMERICA President Thomas A. Hassfurther reported selling 7,063 shares of Common Stock on 2026-08-07 at $254.00 per share in an open-market or private transaction. Following this sale, he directly holds 202,891 shares and reports indirect holdings of 12,176 shares by a 401(k) plan, 53,862 shares held by his spouse, and 34,293 shares through an investment entity, while disclaiming beneficial ownership of the spouse-held shares and, except for his pecuniary interest, the investment-entity shares.
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Insights
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Insider Trade Summary
Net Seller: 7,063 shares
Net Sell
4 txns
Insider
Hassfurther Thomas A
Role
President
Sold
7,063 shs ($1.79M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,063 | $254.00 | $1.79M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 202,891 shares (Direct);
Common Stock — 12,176 shares (Indirect, by 401(k) plan);
Common Stock — 53,862 shares (Indirect, By Spouse);
Common Stock — 34,293 shares (Indirect, Through investment entity)
Footnotes (2)
- F1. Reporting person disclaims beneficial ownership of shares held by spouse.
- F2. Reporting person disclaims beneficial ownership of shares held by investment entity except to the extent of his pecuniary interest therein.
Key Figures
Shares sold: 7,063 shares
Sale price per share: $254.00 per share
Direct holdings after sale: 202,891 shares
+3 more
6 metrics
Shares sold
7,063 shares
Common Stock sale reported on 2026-08-07
Sale price per share
$254.00 per share
Price for 7,063-share Common Stock sale
Direct holdings after sale
202,891 shares
Direct Common Stock ownership following the transaction
401(k) plan holdings
12,176 shares
Indirect ownership via 401(k) plan
Spouse-held shares
53,862 shares
Indirect holdings by spouse; beneficial ownership disclaimed
Investment entity shares
34,293 shares
Indirect holdings through investment entity; beneficial ownership largely disclaimed
Key Terms
beneficial ownership, pecuniary interest, 401(k) plan, investment entity
4 terms
beneficial ownership financial
"Reporting person disclaims beneficial ownership of shares held by spouse."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of shares held by investment entity except to the extent of his pecuniary interest"
401(k) plan financial
"Indirect ownership nature described as by 401(k) plan for certain shares."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
investment entity financial
"Indirect ownership nature described as Through investment entity for certain shares."
FAQ
What did PKG insider Thomas A. Hassfurther report in this Form 4?
Thomas A. Hassfurther, President of PACKAGING CORP OF AMERICA (PKG), reported a sale of 7,063 Common Stock shares on 2026-08-07 at $254.00 per share, and updated his direct and indirect shareholdings following the transaction.
What are Thomas A. Hassfurther’s direct PKG holdings after this sale?
After the reported sale, Thomas A. Hassfurther directly holds 202,891 shares of PACKAGING CORP OF AMERICA Common Stock. This figure reflects his direct ownership only and excludes any shares held indirectly through plans, spouse, or investment entities.
What indirect PKG holdings are reported for Thomas A. Hassfurther?
Indirectly, he reports 12,176 shares held by a 401(k) plan, 53,862 shares held by his spouse, and 34,293 shares held through an investment entity. He disclaims beneficial ownership of spouse-held shares and of investment-entity shares except for his pecuniary interest.
Was the PKG insider transaction made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmed. The Form 4 data provided does not state that the reported sale of PACKAGING CORP OF AMERICA shares occurred pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
