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Compiled from SEC Form N-PX filings and Packaging Corporation of America’s Form 8-K, filed May 13, 2026 (Item 5.07 on EDGAR). Page generated October 14, 2026.
Meeting of May 12, 2026: 9 items on Packaging Corporation of America’s Form 8-K, filed May 13, 2026: 9 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore Packaging Corporation of America in the interactive database Compare manager voting policies
These tallies are Packaging Corporation of America’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 13, 2026 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Cheryl K. Beebe | 74,535,448 | 5,009,056 | 41,399 | -- | 3,975,507 | 94% | Not verified | — |
| Elect Director: Duane C. Farrington | 78,947,264 | 561,789 | 76,850 | -- | 3,975,507 | 99.2% | Not verified | — |
| Elect Director: Karen E. Gowland | 78,119,832 | 1,370,588 | 95,483 | -- | 3,975,507 | 98% | Not verified | — |
| Elect Director: Donna A. Harman | 78,940,200 | 572,065 | 73,638 | -- | 3,975,507 | 99.2% | Not verified | — |
| Elect Director: Mark W. Kowlzan | 77,154,503 | 2,387,938 | 43,462 | -- | 3,975,507 | 97% | Not verified | — |
| Elect Director: Robert C. Lyons | 78,012,659 | 1,494,605 | 78,639 | -- | 3,975,507 | 98% | Not verified | — |
| Elect Director: Samuel M. Mencoff | 67,878,835 | 8,681,658 | 3,025,410 | -- | 3,975,507 | 89% | Not verified | — |
| Elect Director: Roger B. Porter | 64,678,389 | 11,849,812 | 3,057,702 | -- | 3,975,507 | 85% | Not verified | — |
| Elect Director: Thomas S. Souleles | 75,213,947 | 4,291,228 | 80,728 | -- | 3,975,507 | 95% | Not verified | — |
Source: Packaging Corporation of America, Form 8-K, filed with the SEC on May 13, 2026 — read the filing on EDGAR.
Each item below shows how the 746 asset managers that disclosed a Packaging Corporation of America vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Packaging Corporation of America’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 3 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Cheryl K. Beebe
Packaging Corporation of America’s own tally for this item (“Elect Director: Cheryl K. Beebe”): 74,535,448 for, 5,009,056 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 38,903,721 for, 1,471,721 against, 2,352 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,944 | 33 | 0 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 2,725 | 1,394,839 | 0 | 0 | Against |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 159,709 | 19,600 | 0 | 0 | Mixed |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 143,588 | 0 | 0 | 0 | For |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 3 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Donna A. Harman
Packaging Corporation of America’s own tally for this item (“Elect Director: Donna A. Harman”): 78,940,200 for, 572,065 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 40,374,459 for, 983 against, 2,353 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,970 | 6 | 1 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,274 | 515 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,397,564 | 0 | 0 | 0 | For |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 179,309 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 143,588 | 0 | 0 | 0 | For |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99.2% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Duane C. Farrington
Packaging Corporation of America’s own tally for this item (“Elect Director: Duane C. Farrington”): 78,947,264 for, 561,789 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 40,373,528 for, 1,913 against, 2,353 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,970 | 6 | 1 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,397,564 | 0 | 0 | 0 | For |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 179,309 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 143,588 | 0 | 0 | 0 | For |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Karen E. Gowland
Packaging Corporation of America’s own tally for this item (“Elect Director: Karen E. Gowland”): 78,119,832 for, 1,370,588 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 40,277,323 for, 98,118 against, 2,353 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,958 | 18 | 1 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,397,564 | 0 | 0 | 0 | For |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 179,309 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 109,450 | 34,138 | 0 | 0 | Mixed |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 3 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Mark W. Kowlzan
Packaging Corporation of America’s own tally for this item (“Elect Director: Mark W. Kowlzan”): 77,154,503 for, 2,387,938 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 40,374,300 for, 1,143 against, 2,352 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,947 | 30 | 0 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,397,548 | 16 | 0 | 0 | For |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 179,309 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 143,588 | 0 | 0 | 0 | For |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 3 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Robert C. Lyons
Packaging Corporation of America’s own tally for this item (“Elect Director: Robert C. Lyons”): 78,012,659 for, 1,494,605 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 40,372,864 for, 2,578 against, 2,353 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,956 | 20 | 1 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,397,548 | 16 | 0 | 0 | For |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 179,309 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 143,588 | 0 | 0 | 0 | For |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 4 wordings of this item as funds reported it.
85% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Roger B. Porter
Packaging Corporation of America’s own tally for this item (“Elect Director: Roger B. Porter”): 64,678,389 for, 11,849,812 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 85% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 34,714,105 for, 5,661,288 against, 2,402 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,791 | 137 | 50 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 2,725 | 1,394,839 | 0 | 0 | Against |
| John Hancock | 81,706 | 1,192,901 | 0 | 0 | Mixed |
| Columbia Threadneedle | 0 | 1,271,873 | 0 | 0 | Against |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 0 | 756,540 | 0 | 0 | Against |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 373,806 | 28,725 | 0 | 0 | Mixed |
| Jackson National | 224,275 | 142,588 | 0 | 0 | Mixed |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 0 | 258,381 | 0 | 0 | Against |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 159,709 | 19,600 | 0 | 0 | Mixed |
| TRUST FOR PROFESSIONAL MANAGERS | 102,247 | 53,543 | 0 | 0 | Mixed |
| Bridge Builder Trust | 6,212 | 137,376 | 0 | 0 | Against |
| WisdomTree | 0 | 139,357 | 0 | 0 | Against |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 4 wordings of this item as funds reported it.
89% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Samuel M. Mencoff
Packaging Corporation of America’s own tally for this item (“Elect Director: Samuel M. Mencoff”): 67,878,835 for, 8,681,658 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 89% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 36,434,086 for, 3,941,307 against, 2,401 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,836 | 92 | 49 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 2,725 | 1,394,839 | 0 | 0 | Against |
| John Hancock | 81,706 | 1,192,901 | 0 | 0 | Mixed |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 20,460 | 736,080 | 0 | 0 | Against |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 373,806 | 28,725 | 0 | 0 | Mixed |
| Jackson National | 261,674 | 105,189 | 0 | 0 | Mixed |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 159,709 | 19,600 | 0 | 0 | Mixed |
| TRUST FOR PROFESSIONAL MANAGERS | 102,247 | 53,543 | 0 | 0 | Mixed |
| Bridge Builder Trust | 6,212 | 137,376 | 0 | 0 | Against |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 3 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Thomas S. Souleles
Packaging Corporation of America’s own tally for this item (“Elect Director: Thomas S. Souleles”): 75,213,947 for, 4,291,228 against, per its Form 8-K filed May 13, 2026 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 144 asset managers below reported 38,905,158 for, 1,470,284 against, 2,353 abstained, 73 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,914 | 62 | 1 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,397,548 | 16 | 0 | 0 | For |
| John Hancock | 81,706 | 1,192,901 | 0 | 0 | Mixed |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| Lincoln Financial | 179,309 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 102,247 | 53,543 | 0 | 0 | Mixed |
| Bridge Builder Trust | 6,212 | 137,376 | 0 | 0 | Against |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
Showing the 25 largest of 144 asset managers. See all 144 in the interactive database.
Combines 2 wordings of this item as funds reported it.
98% Fund and manager reports combined; may count the same shares twice · no official result
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,299,455 | 20,520 | 1 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,497,708 | 2,081 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,028,842 | 20,200 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,395,646 | 1,918 | 0 | 0 | For |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 143,588 | 0 | 0 | 0 | For |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 134,270 | 0 | 0 | 0 | For |
Fund voting reports, all 140 managers: 40,100,298 for, 165,732 against, 2,353 abstained, 73 not voted. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| T. Rowe Price | 7,634,844 | 30,379 | 0 | 0 | For |
| Fidelity | 4,062,648 | 0 | 0 | 0 | For |
| Charles Schwab | 3,645,477 | 0 | 0 | 0 | For |
| BlackRock | 2,586,627 | 41 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,476,250 | 0 | 0 | 0 | For |
| American Century | 1,896,761 | 0 | 0 | 0 | For |
| Victory Capital | 1,868,617 | 0 | 0 | 0 | For |
| Boston Partners | 1,533,975 | 0 | 0 | 0 | For |
| RBC Global Asset Management (U.S.) Inc. | 1,489,009 | 0 | 0 | 0 | For |
| State Street | 1,409,107 | 2,724 | 0 | 0 | For |
| Newton Investment Management North America, LLC | 1,375,535 | 0 | 0 | 0 | For |
| Invesco | 993,999 | 0 | 0 | 0 | For |
| Vanguard | 933,027 | 0 | 0 | 0 | For |
| Select Equity Group, L.P. | 862,920 | 0 | 0 | 0 | For |
| Capital Group | 806,913 | 0 | 0 | 0 | For |
| Northern Trust | 726,815 | 0 | 0 | 0 | For |
| Atlas FRM LLC | 695,001 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 506,482 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 479,106 | 0 | 0 | 0 | For |
| AMERIPRISE FINANCIAL INC | 435,116 | 0 | 0 | 0 | For |
| PFA Pension, Forsikringsaktieselskab | 0 | 361,456 | 0 | 0 | Against |
| REGIONS FINANCIAL CORP | 332,809 | 0 | 0 | 0 | For |
| BANK OF AMERICA NA | 316,242 | 0 | 0 | 0 | For |
| Wellington | 314,789 | 0 | 0 | 0 | For |
| WELLS FARGO CLEARING SERVICES, LLC | 298,848 | 0 | 0 | 0 | For |
Institutional-manager reports, all 638 managers: 47,784,997 for, 1,303,250 against, 18,452 abstained, 6,613 not voted. Showing the 25 largest; see all in the interactive database.
Combines 2 wordings of this item as funds reported it.
99.9% of fund votes cast · no official result
The 142 asset managers below reported 40,248,681 for, 7,752 against, 2,352 abstained, 73 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 10,319,967 | 8 | 0 | 0 | For |
| Charles Schwab | 3,621,062 | 0 | 0 | 0 | For |
| BlackRock | 3,499,789 | 0 | 0 | 0 | For |
| Fidelity | 3,117,276 | 0 | 0 | 0 | For |
| T. Rowe Price | 3,049,042 | 0 | 0 | 0 | For |
| JPMorgan | 2,051,017 | 0 | 0 | 0 | For |
| Victory Capital | 1,483,176 | 0 | 0 | 0 | For |
| American Century | 1,445,997 | 0 | 0 | 0 | For |
| State Street | 1,397,548 | 16 | 0 | 0 | For |
| John Hancock | 1,274,607 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 1,271,873 | 0 | 0 | 0 | For |
| Invesco | 873,462 | 0 | 0 | 0 | For |
| Capital Group | 806,218 | 0 | 0 | 0 | For |
| BNY Mellon | 756,540 | 0 | 0 | 0 | For |
| Dimensional | 579,099 | 0 | 0 | 0 | For |
| Tidal Trust III | 426,839 | 0 | 0 | 0 | For |
| Principal | 402,531 | 0 | 0 | 0 | For |
| Jackson National | 366,863 | 0 | 0 | 0 | For |
| First Trust | 348,484 | 0 | 0 | 0 | For |
| TIAA | 258,381 | 0 | 0 | 0 | For |
| ETF Series Solutions | 214,236 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 155,790 | 0 | 0 | 0 | For |
| Bridge Builder Trust | 143,588 | 0 | 0 | 0 | For |
| WisdomTree | 139,357 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 134,270 | 0 | 0 | 0 | For |
Showing the 25 largest of 142 asset managers. See all 142 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of May 7, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 89,098,647 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 11.58% |
| 2 | Charles Schwab | 4.06% |
| 3 | BlackRock | 3.93% |
| 4 | Fidelity | 3.50% |
| 5 | T. Rowe Price | 3.42% |
| 6 | JPMorgan | 2.30% |
| 7 | Victory Capital | 1.66% |
| 8 | American Century | 1.62% |
| 9 | State Street | 1.57% |
| 10 | John Hancock | 1.43% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | T. Rowe Price | 8.60% |
| 2 | Fidelity | 4.56% |
| 3 | Charles Schwab | 4.09% |
| 4 | BlackRock | 2.90% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.78% |
| 6 | American Century | 2.13% |
| 7 | Victory Capital | 2.10% |
| 8 | Boston Partners | 1.72% |
| 9 | RBC Global Asset Management (U.S.) Inc. | 1.67% |
| 10 | State Street | 1.58% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Vanguard Group | 12.66% | 13F |
| BlackRock | 8.65% | 13F |
| T. Rowe Price | 7.32% | 13F |
| State Street | 4.76% | 13F |
| JPMorgan Chase | 3.85% | 13F |
| BNY Mellon | 2.51% | 13F |
| Dimensional Fund Advisors | 1.46% | 13F |
| Morgan Stanley | 1.45% | 13F |
| FMR (Fidelity) | 1.34% | 13F |
Percentages above are of 89,098,647 shares outstanding, as reported by Packaging Corporation of America on its Form 10-Q dated May 1, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Packaging Corporation of America’s 10-Q dated May 1, 2026. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.
At Packaging Corporation of America's shareholder meeting held May 12, 2026, in the 2025-2026 proxy season, 746 asset managers reported how they voted in their SEC Form N-PX filings, covering 9,313 separate fund positions. Their filings are grouped here into 11 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. Packaging Corporation of America's own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Proposal to approve our executive compensation. — the reporting funds and managers cast 98% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.
Packaging Corporation of America proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.