BRLAS LAURIE 4

What Happened

• Laurie Brlas, a director of Graphic Packaging Holding Co. (GPK), received an award of 16,261 shares on May 20, 2026. The Form 4 records an acquisition (code A) at $0.00 per share, total reported value $0. This is an equity award/grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-20; Filing date: 2026-05-21 (appears timely under Form 4 reporting rules).
• Shares acquired: 16,261 at $0.00 per share (transaction code A — grant/award).
• Total reported consideration: $0.
• Shares owned after the transaction: not specified in the provided filing details.
• No footnotes, 10b5-1 plan, tax-withholding, or cashless sale information was included in the provided data.

Context

• Grants recorded at $0 generally reflect equity compensation (e.g., restricted stock or similar awards) given to insiders and are common for directors; they are not the same signal as an insider buying shares with personal funds.
• For retail investors, purchases are often considered more informative about an insider’s market view; awards primarily reflect compensation policy and corporate governance practices.