Form 4: Ranpak Holdings Corp. Director Stock Transaction

Alicia M. Tranen, a Director at Ranpak Holdings Corp., reported a transaction involving the receipt of Class A common stock for director services.

Summary

• Alicia M. Tranen, a Director of Ranpak Holdings Corp. (PACK), reported a transaction on July 1, 2026.
• She received 2,713 shares of Class A common stock valued at $6.91 per share.
• These shares were issued as part of her quarterly retainer for director services, elected to be received in stock instead of cash.
• Following this transaction, Ms. Tranen beneficially owns 322,135 shares of Class A common stock directly.
• Additionally, she has indirect beneficial ownership of shares held by Blue Parrot Trust (71,660 shares), her father (79,924 shares), two children (125,000 and 115,000 shares), a third child (30,000 shares), and her spouse (30,000 shares).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine director compensation and ownership changes without indicating significant positive or negative developments for the company.

Positives

• Director Tranen received equity compensation, aligning her interests with shareholders.
• The company utilized stock instead of cash for director compensation, potentially conserving cash reserves.
• Ms. Tranen's direct and indirect beneficial ownership indicates a significant stake in the company.

Negatives

• The filing does not disclose any negative financial performance or operational issues.

Risks

• The filing does not explicitly mention any new risks or challenges.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Management Comments

• Alicia M. Tranen disclaims beneficial ownership of shares held by her father and spouse, stating the report shall not be deemed an admission of beneficial ownership for Section 16 or any other purpose.

Industry Context

StockSavvy.ai notes that the use of stock for director compensation is a common practice in the packaging and materials industry, aimed at aligning executive and director interests with those of shareholders and conserving cash.

Related Party Transactions

• Alicia M. Tranen received Class A common stock for director services, which is a form of compensation to a related party (director).

Stakeholder Impact

• Shareholders: The transaction aligns director interests with shareholders through equity compensation. The indirect ownership by family members also suggests a broader family stake.
• Employees: No direct impact mentioned.
• Creditors: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Customers: No direct impact mentioned.

Next Steps

• Continued reporting of beneficial ownership changes as required by Section 16 of the Securities Exchange Act of 1934.

Key Dates

Keywords

Ranpak Holdings Corp, PACK, Form 4, Director Compensation, Stock Transaction, Beneficial Ownership, Class A Common Stock, Alicia M. Tranen