Form 4: Ranpak Holdings Corp. Executive Acquires Shares Through Performance-Based Restricted Stock Units

Eric Laurensse, a Managing Director at Ranpak Holdings Corp., acquired 35,725 shares of Class A common stock on March 14, 2024, through the vesting of performance-based restricted stock units.

Summary

• On March 14, 2024, Eric Laurensse, a Managing Director at Ranpak Holdings Corp., acquired 35,725 shares of Class A common stock.
• The acquisition was a result of earned performance-based restricted stock units (Performance RSUs) as determined by Ranpak based on pre-established performance goals.
• These Performance RSUs vest in three equal installments on March 14, 2024, March 10, 2025, and March 10, 2026.
• Following the transaction, Laurensse directly owns 178,068 shares of Ranpak Holdings Corp.
• The transaction was reported on March 18, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by an executive suggests confidence in the company, but it's a routine transaction.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
• The vesting of performance-based restricted stock units suggests that the company has met certain pre-established performance goals.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders buy or sell shares of their company's stock. It provides transparency to the market regarding the transactions of company executives and directors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.

Key Dates