Fishbein Daniel S. 4
Research Summary
AI-generated summary
Graphic Packaging (GPK) EVP Daniel Fishbein Receives RSU Award
What Happened
- Daniel S. Fishbein, EVP, General Counsel & Secretary of Graphic Packaging Holding Co. (GPK), received two equity awards on 2026-07-01 totaling 228,716 restricted stock units (40,214 RSUs and 188,502 RSUs). These are derivative awards (reported as $0 at grant) — no cash was paid at grant. This is an award/grant (A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely).
- Awards: 40,214 RSUs @ $0 and 188,502 RSUs @ $0 (total 228,716 RSUs).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: The service-based RSUs reported here represent one‑third of a larger total grant; remaining performance-based RSUs will be reported when they settle.
- F2/F4: Vesting schedules differ by award — one set vests in three substantially equal annual tranches (1st–3rd anniversaries); the other vests in substantially equal tranches over two anniversaries (exceptions apply for death, disability, retirement, involuntary termination, or post-change-in-control).
- F3: RSUs convert and are paid in common stock upon vesting/settlement.
- Transaction code: A = Award/Grant (derivative equity compensation).
Context
- These are time- and performance-linked equity awards that will convert to common shares only as they vest or if performance conditions are met — they do not represent an immediate purchase or sale. Because the awards are one‑third of the total grant, additional performance-based shares tied to this grant may be reported later when they vest/settle.