Hassfurther Thomas A 4

What Happened
Thomas A. Hassfurther, President of Packaging Corporation of America (PKG), reported a disposition of 12,129 shares on Feb 5, 2026 at $230.50 per share, totaling $2,795,735. The Form 4 lists the transaction as a sale/disposition (code S), but a footnote clarifies the transaction reported is a gift to the reporting person’s spouse and that he disclaims beneficial interest in the shares held by his spouse.

Key Details

• Transaction date: 2026-02-05; Price: $230.50 per share; Proceeds shown: $2,795,735.
• Transaction type on Form 4: S (sale/disposition); filing date: 2026-02-09 (filed within the SEC’s 2-business-day window, timely).
• Shares owned after the transaction: not specified in the provided data.
• Footnotes: F1 states the transaction is a gift to the insider’s spouse and the insider disclaims beneficial interest in those shares. F2 notes the insider disclaims beneficial interest in shares held by a family limited partnership except to the extent of his pecuniary interest.

Context

• Gifts and transfers to a spouse are reported but do not necessarily indicate the insider’s view of the company’s prospects; they often reflect personal or estate planning.
• Sales are more common and often routine; purchases tend to be more informative about insider sentiment.