Form 4: Ranpak Holdings Corp. Executive Eric Laurensse Reports Share Transaction
SEC Form 4 Filing
Eric Laurensse, a Managing Director at Ranpak Holdings Corp., reports the withholding of 14,573 shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On March 10, 2025, Eric Laurensse, a Managing Director at Ranpak Holdings Corp., had 14,573 Class A common stock shares withheld at a price of $5.72 per share.
- This transaction was to cover the tax liabilities associated with the vesting of previously-granted performance-based restricted stock units and restricted stock units.
- Following the transaction, Laurensse directly owns 176,776 shares of Class A common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of share withholding transaction. |
| 03/12/2025 | Date of signature for the report. |
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