Narvekar Nikhil 4

What Happened

• Nikhil Narvekar, Senior Vice President and Chief Information Officer of Graphic Packaging Holding Co. (GPK), received a grant of 6,549 service-based restricted stock units (RSUs) on February 25, 2026. The award is reported as a derivative grant with an acquisition price of $0 (typical for compensation awards). This grant represents one-third of a larger total award package that also includes performance-based RSUs (those performance units will be reportable when they settle).

Key Details

• Transaction date: 2026-02-25; Filing date: 2026-02-26 (Form 4 accession 0001193125-26-078183).
• Award: 6,549 service-based RSUs; reported acquisition price $0 (derivative award, code A).
• Vesting: Service-based RSUs vest in three substantially equal tranches on the first, second and third anniversaries of the grant date (exceptions for death, disability, retirement, involuntary termination, or change in control).
• Expiration/conversion: Units expire upon conversion and payment in shares as described in the filing.
• Shares owned after the grant: not specified in the provided filing excerpt.
• Filing timeliness: Filed the day after the grant date (appears timely); no 10b5-1 plan or tax-withholding details reported in the provided data.

Context

• RSUs are compensation awards that convert to actual shares only upon vesting; they do not represent an immediate cash purchase or sale. Grants reported at $0 reflect that the insider did not pay cash for the units.
• The service-based tranche is routine executive compensation; the included performance-based RSUs may vary based on future company performance and will be reported when settled. This type of filing is informational and not an immediate market liquidity event.