Form 4: Ranpak Holdings Corp. Executive Eric Laurensse Reports Stock Transaction
SEC Form 4 Filing
Eric Laurensse, a Managing Director at Ranpak Holdings Corp., reports disposition of shares to cover tax liabilities related to vesting restricted stock units.
Summary
- On January 2, 2025, Eric Laurensse, a Managing Director at Ranpak Holdings Corp., reported a transaction involving Class A common stock.
- The transaction involved the disposition of 12,375 shares at a price of $6.78 per share.
- These shares were withheld to cover the tax liabilities related to the vesting of restricted stock units.
- Following the transaction, Laurensse directly owns 159,797 shares of Class A common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's long-term outlook on the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock transaction |
| 01/06/2025 | Date of signature on the report |
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