Form 4: Ranpak Holdings Corp. Executive Siebert Receives Stock Grant

Mark A. Siebert, MD of North America at Ranpak Holdings Corp., reports acquisition of 18,450 shares of Class A common stock through a restricted stock unit (RSU) grant.

Summary

• Mark A. Siebert, a Managing Director at Ranpak Holdings Corp., filed a Form 4 disclosing changes in beneficial ownership.
• On March 4, 2025, Siebert acquired 18,450 shares of Class A common stock through a grant of restricted stock units (RSUs) at a price of $0.
• These RSUs will vest in three equal installments on March 10, 2026, March 10, 2027, and March 10, 2028.
• Following the transaction, Siebert directly owns 98,373 shares of Class A common stock and indirectly owns 272 shares through a child.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally. The vesting schedule suggests a long-term commitment, which is a positive signal.

Positives

• The grant of RSUs aligns Siebert's interests with those of the shareholders, incentivizing him to improve the company's performance.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The RSUs will vest over a three-year period, suggesting a long-term incentive plan for the executive.

Industry Context

Executive compensation through stock grants is a common practice in publicly traded companies to align management's interests with those of shareholders.

Comparison to Industry Standards

• Stock grants are a typical component of executive compensation packages in publicly traded companies, often vesting over several years to incentivize long-term performance.
• The size of the grant and the vesting schedule are generally benchmarked against peer companies in the packaging and sustainable solutions industry.

Stakeholder Impact

• The stock grant aligns management's interests with those of shareholders, potentially leading to increased shareholder value.
• The vesting schedule encourages long-term commitment from the executive, which can benefit the company and its stakeholders.

Key Dates