Form 4: Ranpak Holdings Director Acquires Shares in Lieu of Cash Compensation

Director Michael Anthony Jones acquired 3,605 shares of Ranpak Holdings Corp. Class A common stock on April 1, 2025, by electing to receive his quarterly retainer in shares rather than cash.

Summary

• On April 1, 2025, Michael Anthony Jones, a director of Ranpak Holdings Corp., acquired 3,605 shares of Class A common stock.
• The shares were issued as compensation for his quarterly retainer for director services.
• The price per share was $5.2.
• Following the transaction, Jones directly owns 227,288 shares of Ranpak Holdings Corp.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard compensation practice. The director taking shares instead of cash is a mildly positive signal.

Positives

• The director's decision to take shares instead of cash demonstrates confidence in the company's future.

Industry Context

Directors receiving equity as part of their compensation is a common practice to align their interests with those of shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased equity stake.

Key Dates

Keywords

Ranpak Holdings Corp, Director Compensation, Form 4, Insider Trading, Michael Anthony Jones, Equity, Shares