v3.26.1
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Weighted-Average Assumptions Used to Estimate Fair Value of Restricted Stock Units Inputs and assumptions used to calculate the fair value are shown in the table below. The fair value of these RSUs is expensed over the vesting period using the straight-line method or using the graded vesting method when an employee becomes eligible to retain the award at retirement.
Six Months Ended June 30,20262025
Fair value per stock award$123.35 $154.20 
Grant date stock price$123.97 $147.84 
Assumptions:
Aptar's stock price expected volatility19.50 %17.70 %
Expected average volatility of peer companies34.60 %34.10 %
Correlation assumption24.30 %31.00 %
Risk-free interest rate3.79 %4.03 %
Dividend yield assumption1.55 %1.22 %
Schedule of Restricted Stock Unit Activity
A summary of RSU activity as of June 30, 2026 and changes during the six month period then ended is presented below:
Time-Based RSUsPerformance-Based RSUs
UnitsWeighted Average
Grant-Date Fair Value
UnitsWeighted Average
Grant-Date Fair Value
Nonvested at January 1, 2026215,433 $135.89 434,878 $135.31 
Granted136,403 119.93 221,051 120.85 
Vested(104,004)131.04 (198,125)116.17 
Forfeited(4,056)143.16 (43,303)110.19 
Nonvested at June 30, 2026243,776 $128.77 414,501 $139.37 
Schedule of Compensation Expense, Fair Value, and Intrinsic Value Related to Rsu's
Six Months Ended June 30,20262025
Compensation expense (included in SG&A)$16,596 $19,734 
Compensation expense (included in Cost of sales)1,624 1,847 
Compensation expense, Total$18,220 $21,581 
Fair value of units vested35,035 41,854 
Intrinsic value of units vested37,464 51,645 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions These values were estimated on the respective dates of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions:
Stock Award Plans:
Six Months Ended June 30,20262025
Dividend Yield1.40 %1.17 %
Expected Stock Price Volatility19.72 %17.66 %
Risk-free Interest Rate4.06 %4.21 %
Expected Life of Option (years)7.07.0
Schedule of Option Activity A summary of option activity under our stock plans during the six months ended June 30, 2026 is presented below:
Stock Awards Plans
OptionsWeighted Average
Exercise Price
Outstanding, January 1, 20261,608,498 $103.45 
Granted273,795 123.97 
Exercised(255,829)74.20 
Forfeited or expired(8,813)121.96 
Outstanding at June 30, 20261,617,651 $111.45 
Exercisable at June 30, 20261,124,692 $101.77 
Weighted-Average Remaining Contractual Term (Years):
Outstanding at June 30, 20265.4
Exercisable at June 30, 20263.7
Aggregate Intrinsic Value:
Outstanding at June 30, 2026$30,753 
Exercisable at June 30, 2026$30,417 
Intrinsic Value of Options Exercised During the Six Months Ended:
June 30, 2026$13,704 
June 30, 2025$10,628 
Schedule of Compensation Expense, and Fair Value Related to Options
Six Months Ended June 30,20262025
Compensation expense (included in SG&A)$5,392 $5,139 
Compensation expense (included in Cost of sales)460 487 
Compensation expense, Total$5,852 $5,626 
Compensation expense, net of tax4,982 4,656 
Grant date fair value of options vested7,502 5,200