Graphic Packaging (GPK) SVP/CIO Nikhil Narvekar Receives RSU Award

What Happened
Nikhil Narvekar, Senior Vice President and Chief Investment Officer of Graphic Packaging Holding Co. (GPK), received a grant of 22,066 service-based Restricted Stock Units (RSUs) on July 29, 2026. The award is recorded at $0.00 per unit (typical for RSU grants) and represents a derivative equity award that will convert into shares if and when the RSUs vest.

Key Details

• Transaction date: 2026-07-29; transaction type: Award/Grant (code A); price per unit: $0.00.
• Amount granted: 22,066 RSUs.
• Shares owned after the transaction: Not specified in the provided filing.
• Vesting terms (F1): RSUs vest and become payable in three substantially equal tranches on the first, second, and third anniversaries of the grant date, except in specified circumstances (death, disability, retirement, involuntary termination, or termination after a change in control).
• Conversion/expiration (F2): RSUs expire upon conversion and payment in shares as described under the grant’s exercise/vesting terms.
• Filing timeliness: Reported on the Form 4 filed July 31, 2026 (the grant date was July 29, 2026); no late-filing flag indicated in the provided data.

Context
RSUs are deferred equity compensation — not an open-market purchase — and convert into company shares as they vest. This grant signals compensation alignment with long-term service rather than an immediate buy or sell by the insider; it does not on its own indicate a personal buy/sell sentiment.