Graphic Packaging Holding Co. Files Definitive Proxy Statement (DEF 14A)
Ticker: GPK · Form: DEF 14A · Filed: Apr 8, 2024 · CIK: 1408075
| Field | Detail |
|---|---|
| Company | Graphic Packaging Holding Co (GPK) |
| Form Type | DEF 14A |
| Filed Date | Apr 8, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $20M, $723 million, $1,876 million, $2.34, $120,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Graphic Packaging, Shareholder Meeting, Executive Compensation
TL;DR
<b>Graphic Packaging Holding Co. has filed its Definitive Proxy Statement (DEF 14A) for the period ending May 23, 2024.</b>
AI Summary
GRAPHIC PACKAGING HOLDING CO (GPK) filed a Proxy Statement (DEF 14A) with the SEC on April 8, 2024. Graphic Packaging Holding Co. filed a DEF 14A on April 8, 2024. The filing covers the period ending May 23, 2024. The company's fiscal year ends on December 31. Graphic Packaging Holding Co. is incorporated in Delaware. The company's principal business address is in Atlanta, GA.
Why It Matters
For investors and stakeholders tracking GRAPHIC PACKAGING HOLDING CO, this filing contains several important signals. This DEF 14A filing is a standard disclosure for publicly traded companies, providing shareholders with information regarding annual meetings, executive compensation, and voting matters. Understanding the details within this proxy statement is crucial for shareholders to make informed decisions regarding company governance and their investments.
Risk Assessment
Risk Level: low — GRAPHIC PACKAGING HOLDING CO shows low risk based on this filing. The filing is a routine DEF 14A, which typically contains standard disclosures and does not present new material risks.
Analyst Insight
Shareholders should review the proxy statement for details on executive compensation, director nominations, and any proposed shareholder actions before the annual meeting.
Key Numbers
- 2024-04-08 — Filing Date (DEF 14A filing date)
- 2024-05-23 — Period of Report (Conformed period of report)
- 2023-12-31 — Fiscal Year End (Company's fiscal year end)
- 001-33988 — SEC File Number (SEC file number for Graphic Packaging Holding Co.)
Key Players & Entities
- GRAPHIC PACKAGING HOLDING CO (company) — Filer name
- DEF 14A (document) — Form type
- 2024-04-08T00:00:00.000Z (date) — Filing date
- 2024-05-23 (date) — Period of report
- 0001408075 (company) — Central Index Key
- 2650 (industry) — Standard Industrial Classification
- DE (jurisdiction) — State of incorporation
- 1231 (fiscal_year) — Fiscal year end
FAQ
When did GRAPHIC PACKAGING HOLDING CO file this DEF 14A?
GRAPHIC PACKAGING HOLDING CO filed this Proxy Statement (DEF 14A) with the SEC on April 8, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by GRAPHIC PACKAGING HOLDING CO (GPK).
Where can I read the original DEF 14A filing from GRAPHIC PACKAGING HOLDING CO?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by GRAPHIC PACKAGING HOLDING CO.
What are the key takeaways from GRAPHIC PACKAGING HOLDING CO's DEF 14A?
GRAPHIC PACKAGING HOLDING CO filed this DEF 14A on April 8, 2024. Key takeaways: Graphic Packaging Holding Co. filed a DEF 14A on April 8, 2024.. The filing covers the period ending May 23, 2024.. The company's fiscal year ends on December 31..
Is GRAPHIC PACKAGING HOLDING CO a risky investment based on this filing?
Based on this DEF 14A, GRAPHIC PACKAGING HOLDING CO presents a relatively low-risk profile. The filing is a routine DEF 14A, which typically contains standard disclosures and does not present new material risks.
What should investors do after reading GRAPHIC PACKAGING HOLDING CO's DEF 14A?
Shareholders should review the proxy statement for details on executive compensation, director nominations, and any proposed shareholder actions before the annual meeting. The overall sentiment from this filing is neutral.
How does GRAPHIC PACKAGING HOLDING CO compare to its industry peers?
Graphic Packaging Holding Co. operates in the paperboard packaging industry, providing a wide range of paperboard, paper, and graphic packaging solutions.
Are there regulatory concerns for GRAPHIC PACKAGING HOLDING CO?
As a publicly traded company, Graphic Packaging Holding Co. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
Industry Context
Graphic Packaging Holding Co. operates in the paperboard packaging industry, providing a wide range of paperboard, paper, and graphic packaging solutions.
Regulatory Implications
As a publicly traded company, Graphic Packaging Holding Co. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
What Investors Should Do
- Review the proxy statement for details on director nominations and voting procedures.
- Examine executive compensation disclosures to understand pay structures and incentives.
- Note any shareholder proposals and the company's recommendations.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure and does not represent a change from previous filings of the same type.
Filing Stats: 4,480 words · 18 min read · ~15 pages · Grade level 17.2 · Accepted 2024-04-08 09:01:10
Key Financial Figures
- $20M — ng the MIP performance measures exceeds $20M in the Performance Period, the performa
- $723 million — LIGHTS Increased Net Income by 39% to $723 million versus the prior year Increased Adjust
- $1,876 million — creased Adjusted EBITDA ( 1 ) by 17% to $1,876 million versus the prior year Reduced Net Leve
- $2.34 — ed Earnings per Diluted Share by 38% to $2.34 (1) Adjusted EBITDA and Net Leverage
- $120,000 — diate family member receives, more than $120,000 per year in direct compensation from th
- $1 million — gle fiscal year, exceeds the greater of $1 million or 2% of such other entity's consolidat
Filing Documents
- d453303ddef14a.htm (DEF 14A) — 1410KB
- g453303g00a26.jpg (GRAPHIC) — 36KB
- g453303g00s01.jpg (GRAPHIC) — 591KB
- g453303g00s02.jpg (GRAPHIC) — 76KB
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- g453303g03g01.jpg (GRAPHIC) — 38KB
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- g453303g04g02.jpg (GRAPHIC) — 62KB
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- g453303g20w10.jpg (GRAPHIC) — 26KB
- g453303g21f88.jpg (GRAPHIC) — 55KB
- g453303g23j58.jpg (GRAPHIC) — 28KB
- g453303g25k20.jpg (GRAPHIC) — 80KB
- g453303g31x44.jpg (GRAPHIC) — 59KB
- g453303g33h64.jpg (GRAPHIC) — 25KB
- g453303g40n04.jpg (GRAPHIC) — 46KB
- g453303g50v02.jpg (GRAPHIC) — 193KB
- g453303g50z46.jpg (GRAPHIC) — 146KB
- g453303g61v20.jpg (GRAPHIC) — 23KB
- g453303g70u10.jpg (GRAPHIC) — 104KB
- g453303g76y18.jpg (GRAPHIC) — 51KB
- g453303g79e80.jpg (GRAPHIC) — 133KB
- g453303g80d91.jpg (GRAPHIC) — 51KB
- g453303g94i37.jpg (GRAPHIC) — 57KB
- g453303g95k33.jpg (GRAPHIC) — 157KB
- g453303g96q95.jpg (GRAPHIC) — 55KB
- g453303sp02a.jpg (GRAPHIC) — 4KB
- g453303sp02b.jpg (GRAPHIC) — 5KB
- 0001193125-24-089201.txt ( ) — 7614KB
- gpk-20231231.xsd (EX-101.SCH) — 5KB
- gpk-20231231_def.xml (EX-101.DEF) — 5KB
- gpk-20231231_lab.xml (EX-101.LAB) — 7KB
- gpk-20231231_pre.xml (EX-101.PRE) — 4KB
- d453303ddef14a_htm.xml (XML) — 215KB
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 58 Stockholder Proposals and Nominations 59 Appendix A — Graphic Packaging Holding Company 2024 Omnibus Incentive Compensation Plan A-1 Pagei 2024 Proxy Statement Table of Contents Helpful Resources Where You Can Find More Information Annual Meeting Information Proxy Statement: https://investors.graphicpkg.com/sec-filings/all-sec-filings Annual Report: https://investors.graphicpkg.com/sec-filings/annual-reports Voting Your Proxy via the Internet Before the Annual Meeting: www.proxyvote.com Board of Directors https://investors.graphicpkg.com/corporate-governance/board-of-directors Communications with the Board Graphic Packaging Holding Company 1500 Riveredge Parkway Atlanta, Georgia 30328 Attn: Chairman of the Board Governance Documents https://investors.graphicpkg.com/corporate-governance/governance-documents Corporate Governance Guidelines Committee Charters Code of Business Conduct and Ethics Selected Corporate Policies and Disclosures Investor Relations https://investors.graphicpkg.com Sustainability https://www.graphicpkg.com/sustainability/ 2024 Proxy Statement Pageii Table of Contents Definition of Certain Terms or Abbreviations 2020 ADJUSTED EBITDA 2020 ADJUSTED EBITDA, as defined in the 2020 grant agreements for Performance Restricted Stock Units, is consolidated net income of Graphic Packaging Holding Company before net income attributable to non-controlling interest, income tax expense, equity income of unconsolidated subsidiaries, interest expense, and depreciation and amortization, as adjusted for: expenses related to merger, acquisition and disposition activities; refinancing or early retirement of debt; acquisition integration costs; and asset or goodwill write-downs, gains or losses (including assets or businesses held for sale, but excluding inventory, receivables and write downs in the normal course of business); as well as