March 25, 2024 · Form 4 insider transaction
Pflederer Kent A. sold 1,922 shares of Packaging Corporation of America at $187.31 per share, a transaction worth $360.0K. 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 the transaction reported above.