v3.26.3
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 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.
Nine Months Ended September 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 September 30, 2026 and changes during the nine 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 
Granted146,343 120.23 229,998 120.95 
Vested(106,420)131.10 (198,125)116.17 
Forfeited(6,901)131.80 (47,235)111.46 
Nonvested at September 30, 2026248,455 $128.67 419,516 $139.16 
Schedule of Compensation Expense, Fair Value, and Intrinsic Value Related to Rsu's
Nine Months Ended September 30,20262025
Compensation expense (included in SG&A)$23,902 $27,515 
Compensation expense (included in Cost of sales)2,269 2,588 
Compensation expense, Total$26,171 $30,103 
Fair value of units vested35,358 43,382 
Intrinsic value of units vested37,772 53,743 
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:
Nine Months Ended September 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 nine months ended September 30, 2026 is presented below:
Stock Awards Plans
OptionsWeighted Average
Exercise Price
Outstanding, January 1, 20261,608,498 $103.45 
Granted283,326 124.20 
Exercised(298,136)75.01 
Forfeited or expired(9,813)123.47 
Outstanding at September 30, 20261,583,875 $112.39 
Exercisable at September 30, 20261,081,669 $102.61 
Weighted-Average Remaining Contractual Term (Years):
Outstanding at September 30, 20265.3
Exercisable at September 30, 20263.6
Aggregate Intrinsic Value:
Outstanding at September 30, 2026$26,744 
Exercisable at September 30, 2026$26,744 
Intrinsic Value of Options Exercised During the Nine Months Ended:
September 30, 2026$15,962 
September 30, 2025$15,079 
Schedule of Compensation Expense, and Fair Value Related to Options
Nine Months Ended September 30,20262025
Compensation expense (included in SG&A)$6,305 $6,082 
Compensation expense (included in Cost of sales)567 587 
Compensation expense, Total$6,872 $6,669 
Compensation expense, net of tax5,776 5,455 
Grant date fair value of options vested7,502 5,200