MARTENS PHILIP R 4

What Happened

• Philip R. Martens, a director of Graphic Packaging Holding Co. (GPK), was granted 16,261 shares on May 20, 2026. The Form 4 reports an acquisition code "A" (award/grant) and an acquisition price of $0.00, indicating these shares were issued as an award rather than purchased.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (timely filing).
• Transaction type/code: A = Award/Grant; reported price: $0.00 (no cash paid).
• Shares acquired: 16,261.
• Post-transaction holdings: not specified in the information provided on this filing.
• No sale or disposition reported; no 10b5-1 plan, tax-withholding, or other footnotes disclosed in the supplied summary.

Context

• Code A grants typically represent restricted stock, restricted stock units (RSUs), or performance-based shares. The $0.00 acquisition price on Form 4 reflects that the insider received the shares as compensation, not an open-market purchase.
• Such grants are common for executive/director compensation and are not by themselves a clear market sentiment signal; they reflect company compensation practices rather than direct buying or selling.