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Packaging Corp of America (PKG) CEO gets equity awards and tax share withholding
Mark W. Kowlzan, Chairman & CEO of Packaging Corp of America (PKG), received 43,010 shares from TSR performance units and 3,292 shares from accumulated dividend equivalents, with performance units paying out at 200%. To cover withholding taxes, 20,513 shares were withheld by the company at $212.25 per share. After these transactions, Kowlzan directly holds 482,876 shares of common stock, along with indirect holdings in a 401(k) plan and shares held by his spouse (beneficial ownership disclaimed).