Packaging Corporation of America (PKG) 8-K Current Report: March 3, 2026
Filed: March 3, 2026
Materials
Paperboard Containers & BoxesPackaging Corporation of America (PKG) 8-K current report filed with SEC EDGAR on March 3, 2026. This page provides AI-powered analysis of reported events and material disclosures, including results of operations, corporate governance changes, agreements, and other triggering events as disclosed under Form 8-K item codes.
Reported 8-K Items1 item
- Item 5.02: Departure/Election of Directors or Officers
Packaging Corporation of America 8-K Mar 3, 2026 Event Analysis
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
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