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Packaging Corporation of America10-Q: Restructuring charge

Company continues to close facilities, recording $2.9M in charges for Q1 2026

What happened

PKG recorded $2.9M in charges for closing corrugated products facilities, following $5.9M in similar charges the prior year.

Source

SEC EDGARMay 8, 2026

Quarterly report (Form 10-Q)

Packaging Corporation of America 10-Q

Filing excerpt

For the three months ended March 31, 2026 and March 31, 2025, includes $2.9 million and $5.9 million, respectively, of charges consisting of closure costs related to corrugated products facilities.

sec.gov/Archives/edgar/data/75677/000119312526213675/pkg-20260331.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Restructuring charge

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 8, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$2.9M (Closure costs related to corrugated products facilities.)

Details

CIK
75677
Accession number
0001193125-26-213675
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Vendor review likely
Signal category
Financial

Extraction

Confidence
High
Relevance
70%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
restructuringCharge

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/780f7d38-a457-4b1c-b18c-a0b37745a2e6 returns this record as JSON. POST /v1/companies/enrich returns every signal for packagingcorp.com.

{
  "signal_id": "780f7d38-a457-4b1c-b18c-a0b37745a2e6",
  "signal_type": "sec-10q",
  "signal_subtype": "restructuringCharge",
  "detected_at": "2026-05-12T09:24:56.622+00:00",
  "company": {
    "name": "Packaging Corporation of America",
    "domain": "packagingcorp.com"
  },
  "data": {
    "detail": "PKG recorded $2.9M in charges for closing corrugated products facilities, following $5.9M in similar charges the prior year. This ongoing strategy of facility consolidation presents opportunities for vendors in logistics, asset management, and software to improve efficiency at the remaining locations.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Closure costs related to corrugated products facilities.",
      "dollar_millions": 2.9
    },
    "summary": "Company continues to close facilities, recording $2.9M in charges for Q1 2026",
    "excerpts": "For the three months ended March 31, 2026 and March 31, 2025, includes $2.9 million and $5.9 million, respectively, of charges consisting of closure costs related to corrugated products facilities.",
    "relevance": 0.7,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/75677/000119312526213675/pkg-20260331.htm",
    "filing_date": "2026-05-08",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Vendor review likely",
    "signal_category": "financial"
  }
}

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