Short answer
Packaging Corporation of America (PKG) filed an 8-K current report with the SEC on March 3, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Board shrinks from 10 to 9 directors at 2026 Annual Meeting as longtime director Paul Stecko retires; no disagreement cited.
Packaging Corporation of America 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Board shrinks from 10 to 9 directors at 2026 Annual Meeting as longtime director Paul Stecko retires; no disagreement cited
- Fabian Strauss promoted to SVP – Finance, Controller & Treasurer (principal accounting officer) effective March 1, 2026; annual base salary $455,000
- New equity award forms effective Feb 25, 2026: retirement-eligible employees (age 55+, age+service ≥70) now vest performance units at end of performance period based on actual results
- Disability termination provisions updated: TSR units settle pro rata through termination date; ROIC units settle based on prior calendar year performance
- RSU form updated: retirement triggers full vesting at end of restricted period; death/disability triggers immediate full vesting
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Packaging Corporation of America 8-K filings
Get the next PKG 8-K as it lands
Follow PKG for push alerts, or ask the research agent what this filing means.