Form 4: Ranpak Holdings Corp. Director Michael Anthony Jones Reports Stock Sale
SEC Form 4 Filing
Director Michael Anthony Jones of Ranpak Holdings Corp. reports selling 15,625 shares of Class A common stock at $6.41 per share on May 30, 2024.
Summary
- On May 30, 2024, Michael Anthony Jones, a director of Ranpak Holdings Corp., sold 15,625 shares of Class A common stock.
- The sale price was $6.41 per share.
- Following the transaction, Jones directly owns 214,859 shares of Ranpak Holdings Corp.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions, which can be closely watched by investors for signals about the company's prospects.
Stakeholder Impact
- Shareholders may interpret the stock sale as a signal, although it's a single transaction and may not be indicative of broader trends.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of stock sale transaction |
| 05/31/2024 | Date of signature on the Form 4 filing |
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