Donald R. Shirley, Executive Vice President of Packaging Corp of America (NYSE:PKG), filed a Form 4 on August 24, 2026, disclosing the sale of 12,000 shares of common stock on August 20, 2026.

Key Highlights

  • Shares sold: 12,000 shares of Packaging Corp of America common stock disposed of on August 20, 2026.
  • Weighted average price: $250.708 per share, with actual sale prices ranging between $249.60 and $252.475.
  • Remaining direct ownership: 19,110 shares of common stock held directly following the transaction.
  • Indirect holdings: 6,501 shares held indirectly through a 401(k) plan.
  • Transaction code: S (open-market sale), filed by one reporting person.
  • Reporting person's role: Donald R. Shirley is identified as an officer with the title Exec. VP.

Donald R. Shirley's Share Sale and Remaining Ownership in Packaging Corp of America

According to the Form 4 filed with the SEC on August 24, 2026, Donald R. Shirley, Executive Vice President of Packaging Corp of America, sold 12,000 shares of the company's common stock on August 20, 2026. The filing identifies the transaction code as "S," indicating an open-market sale. The weighted average sale price reported was $250.708 per share. As noted in the filing's explanation of responses, "the actual sales prices for these shares ranged between $249.60 and $252.475," and the reporting person undertakes to provide full information on the number of shares sold at each separate price upon request.

Following the reported transaction, Shirley directly holds 19,110 shares of Packaging Corp of America common stock, according to the filing. In addition, the filing discloses 6,501 shares held indirectly through a 401(k) plan. No derivative securities were reported in Table II of the filing. The Form 4 was signed by Kent A. Pflederer as attorney in fact on August 24, 2026.

What Was Disclosed

The filing disclosed an open-market sale of 12,000 common shares by Packaging Corp of America's Executive Vice President on August 20, 2026, at a weighted average price of $250.708, with direct beneficial ownership of 19,110 shares remaining after the transaction.