SPENCE ELIZABETH (EVP, Human Resources) received a stock award from GRAPHIC PACKAGING HOLDING CO

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

SPENCE ELIZABETH

Filed: 2/18/2026ACC: 0001193125-26-057017

InsiderSPENCE ELIZABETHCIK 1920908

→

IssuerGRAPHIC PACKAGING HOLDING COCIK 1408075

Officer· EVP, Human Resources

Since Apr 2022

-2.36K

Net shares

Net seller

$115.8K

Total sold

Open market trades

0B · 0S

Total transactions

21.85K acquired · 24.21K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+11.23K

Price / share

—

Trade value

—

% of position

25.3%

2/15/2026

44.39K→55.62K

Common Stock

Direct

F · Tax Withholding

−4.83K

Price / share

$12.42

Trade value

$60K

% of position

8.7%

2/15/2026

55.62K→50.79K

Common Stock

Direct

A · Award

+6.96K

Price / share

—

Trade value

—

% of position

13.7%

2/15/2026

50.79K→57.75K

Common Stock

Direct

F · Tax Withholding

−3.17K

Price / share

$12.42

Trade value

$39.35K

% of position

5.5%

2/15/2026

57.75K→54.59K

Common Stock

Direct

M · Option Exercise

+3.65K

Price / share

—

Trade value

—

% of position

6.7%

2/15/2026

54.59K→58.24K

Common Stock

Direct

F · Tax Withholding

−1.32K

Price / share

$12.42

Trade value

$16.46K

% of position

2.3%

2/15/2026

58.24K→56.91K

Total

Net shares

+12.53K

Net value

-$115.80K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/15/2026	M · Option Exercise	+11.23K	—	—	25.3%	44.39K	55.62K
Common Stock Direct	2/15/2026	F · Tax Withholding	−4.83K	$12.42	$60K	8.7%	55.62K	50.79K
Common Stock Direct	2/15/2026	A · Award	+6.96K	—	—	13.7%	50.79K	57.75K
Common Stock Direct	2/15/2026	F · Tax Withholding	−3.17K	$12.42	$39.35K	5.5%	57.75K	54.59K
Common Stock Direct	2/15/2026	M · Option Exercise	+3.65K	—	—	6.7%	54.59K	58.24K
Common Stock Direct	2/15/2026	F · Tax Withholding	−1.32K	$12.42	$16.46K	2.3%	58.24K	56.91K
Total			+12.53K		-$115.80K

Derivative Transactions2

Service-Based Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

11.23K shares

−11.23K

Strike price

Held after

0.00

Exercisable

—

2/15/2026

Service-Based Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

3.65K shares

−3.65K

Strike price

Held after

3.77K

Exercisable

—

2/15/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Service-Based Restricted Stock Units Direct	Common Stock11.23K shares	2/15/2026	M · Option Exercise	−11.23K	0	—	0.00
Service-Based Restricted Stock Units Direct	Common Stock3.65K shares	2/15/2026	M · Option Exercise	−3.65K	0	—	3.77K