Form 4: Ranpak Holdings Corp. CFO William Drew Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Chief Financial Officer William Drew of Ranpak Holdings Corp. reports disposing of shares to cover tax liabilities related to vesting stock units.
Summary
- On March 10, 2025, William Drew, the Chief Financial Officer & EVP of Ranpak Holdings Corp., disposed of 9,620 shares of Class A common stock to cover tax liabilities.
- The shares were disposed of at a price of $5.72 per share.
- Following the transaction, Drew beneficially owns 514,538 shares of Class A common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: William Drew disposed of shares to cover tax liabilities. |
| 03/12/2025 | Signature date of the report. |
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