February 28, 2024 · Form 4 insider transaction
Hassfurther Thomas A sold 5,886 shares of Packaging Corporation of America at $176.36 per share, a transaction worth $1.04M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Pursuant to the terms of the Company's Long-Term Equity Incentive Plan, the Company withheld shares to cover the withholding tax obligation associated with equity awards vesting on the transaction date.