HAGEMANN ROBERT 4
Research Summary
AI-generated summary
Graphic Packaging (GPK) Director Robert Hagemann Buys 14,000 Shares
What Happened
Robert Hagemann, a director of Graphic Packaging Holding Co. (GPK), made an open-market purchase of 14,000 shares on May 8, 2026. The trades were executed at prices between $10.99 and $11.00 (weighted average $10.9994), for a reported total value of $153,992. This was a purchase (accumulation) rather than a sale.
Key Details
- Transaction date: May 8, 2026 (reported on Form 4 filed May 11, 2026). Filing appears timely (filed on the next business day).
- Transaction type: Open-market purchase (Code P).
- Price details: purchase prices ranged $10.99–$11.00; weighted average price $10.9994.
- Reported consideration: $153,992.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: The 14,000 shares were bought in multiple trades; the reporting person will provide the number of shares at each separate purchase price upon SEC/issuer/holder request.
Context
This was a straightforward open-market buy by a company director (not an option exercise, gift, or tax-related withholding). Purchases can be more informative to investors than routine sales, but filings do not state the insider’s motivation.