MENCOFF SAMUEL M 4

What Happened

• Samuel M. Mencoff, a director of Packaging Corporation of America (PKG), was granted 591 shares on 2026-05-12. The Form 4 reports the acquisition type as an award (code A) at a reported price of $0.00 (total reported value $0), reflecting an equity award as part of director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely filing).
• Transaction type: Grant/award of common stock (code A).
• Shares granted: 591; reported acquisition price: $0.00 (award).
• Shares owned after transaction: Not specified in the provided excerpt — consult the full Form 4 for ending holdings.
• Relevant footnotes:
  • F1: Award represents the equity portion of director fees.
  • F2/F3: Prior share balances were adjusted due to dividend reinvestment (transactions exempt under Rule 16a-11).
  • F4: Some shares are held by Temple Hall Partners, LP; reporting person disclaims beneficial interest except to the extent of pecuniary interest.

Context

• This is a compensation-related grant, common for non-employee directors; such awards are routine and reflect fee compensation rather than a market bet. Because the filing lists $0.00 as the acquisition price, it indicates an equity award (not a cash purchase). For full holdings, vesting terms, or potential restrictions, check the complete Form 4 and any related grant agreements.