Form 4: Ranpak CEO Asali Reports Tax-Related Stock Disposition
Insider Transaction Report
Ranpak Holdings Corp. CEO and Executive Chairman Omar Asali reported the disposition of 46,552 Class A common shares to cover tax liabilities related to restricted stock unit vesting.
Summary
- Omar Asali, CEO and Executive Chairman of Ranpak Holdings Corp. (PACK), reported a transaction involving Class A common stock.
- On January 2, 2026, Mr. Asali disposed of 46,552 shares of Class A common stock at a price of $5.53 per share.
- This disposition was an 'F' transaction code, indicating shares withheld to cover payment of tax liabilities associated with the vesting of previously-granted restricted stock units.
- Following this transaction, Mr. Asali directly beneficially owns 2,683,641 shares of Class A common stock.
- Additionally, Mr. Asali indirectly beneficially owns 1,333,679 shares through Vivoli Holdings, which he controls.
- He also indirectly beneficially owns 343,220 shares through the Omar M. Asali Irrevocable Trust F/B/O Michael Asali and another 343,220 shares through the Omar M. Asali Irrevocable Trust F/B/O Yasmeen Asali, where his children are beneficiaries.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares to cover tax liabilities upon the vesting of restricted stock units, which is a common administrative event for executives and does not typically reflect a change in sentiment regarding the company's prospects.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction report and does not provide information related to broader industry trends or competitors.
Related Party Transactions
- Omar Asali's indirect beneficial ownership includes shares held by Vivoli Holdings, which he controls, and shares held in irrevocable trusts for his children, where he may be deemed to have beneficial ownership.
Stakeholder Impact
- Shareholders: The disposition of shares is a routine event for tax purposes and is unlikely to have a significant impact on the company's stock price or shareholder value.
- Employees: No direct impact on employees is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date of transaction where shares were disposed to cover tax liabilities. |
| 01/06/2026 | Date the Form 4 was signed and filed. |
Keywords
Ranpak Holdings Corp., PACK, Omar Asali, Form 4, Insider Transaction, Class A Common Stock, Restricted Stock Units, Tax Withholding, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.