Tashma Lauren S. 4

What Happened
Lauren S. Tashma, former EVP, General Counsel & Secretary of Graphic Packaging (GPK), had restricted stock units convert/vest on Feb 15, 2026. The filing shows three conversion/award events totaling 31,128 shares acquired (15,825; 9,811; 5,492). To satisfy tax withholding obligations, 13,369 shares were withheld/disposed at $12.42 per share, generating roughly $166,043 in cash to cover taxes. Net new shares delivered to Tashma after withholding were 17,759. The reported acquisitions are awards/conversions (not open-market purchases).

Key Details

• Transaction date: Feb 15, 2026; Form 4 filed Feb 18, 2026. (Filing appears to have been filed after the second business day following the transaction.)
• Acquisition entries reported at $0 per share (these are RSU conversions/awards). Withholding/share disposition price: $12.42.
• Shares acquired (total): 31,128 (15,825 + 9,811 + 5,492). Shares withheld/disposed for taxes: 13,369 (6,743 + 4,485 + 2,141). Net shares received: 17,759.
• Total cash withheld for taxes: $166,043 (sum of $83,748 + $55,704 + $26,591).
• Footnotes: F1 indicates part of the shares were settlement of performance-based RSUs; F2 indicates service-based RSUs converted/payout on vesting.
• Shares owned after the transaction are not stated in the provided Form 4.

Context
These are standard equity award settlements: RSUs/performance units converted into common stock, with a portion of shares withheld to satisfy tax obligations (code F = tax withholding). Conversion/exercise codes (M) reflect the derivative/RSU conversion; the $0 acquisition price reflects award vesting rather than a cash purchase. Such transactions are routine compensation events and do not by themselves indicate a buy or sell sentiment in the open market.