Fallan Scott 4

What Happened

• Fallan Scott, SVP & President, International at Graphic Packaging (GPK), had 603 service-based restricted stock units convert into 603 shares on 2026-02-26 (reported on Form 4 filed 2026-03-02). No cash was paid for the conversion (exercise price reported $0.00).
• To cover tax withholding, 284 of those shares were surrendered/withheld at $12.10 per share, generating a withheld value of $3,436. Net shares retained by Scott from this conversion equal 603 - 284 = 319 shares.

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filed within the usual 2-business-day window).
• Reported transactions and codes: M = conversion/exercise of derivative (603 shares acquired); F = payment of tax liability/withholding (284 shares disposed at $12.10; $3,436).
• Footnote: Service-based RSUs expire upon conversion and payout in common shares.
• Shares owned after transaction: not specified in the supplied filing details.

Context

• This was not a market purchase or sale for investment — it was the settlement/vesting of RSUs, with a routine tax-withholding disposition of shares. Such transactions are common when awards vest and do not by themselves indicate a buy/sell signal.