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

Sentiment:

SEC Form 4 Filing


Director Alicia M. Tranen acquired 3,605 shares of Ranpak Holdings Corp. Class A common stock on April 1, 2025, in lieu of cash compensation for director services.

Summary

  • On April 1, 2025, Alicia M. Tranen, a director of Ranpak Holdings Corp., acquired 3,605 shares of Class A common stock.
  • The shares were issued as compensation for her quarterly retainer for director services, instead of a cash payment.
  • The price of the stock was $5.2 per share.
  • Following the transaction, Ms. Tranen directly owns 256,796 shares.
  • She also has indirect ownership through the Blue Parrot Trust (71,660 shares), her father (79,924 shares), three children (125,000, 115,000 and 30,000 shares respectively), and her spouse (30,000 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of insider activity. The director taking shares instead of cash could be seen as a slightly positive signal.

Positives

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

Industry Context

This is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation packages.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.

Key Dates

DateDescription
04/01/2025Date of transaction: Alicia M. Tranen acquired shares of Ranpak Holdings Corp.
04/03/2025Date of signature on the Form 4 filing.

Keywords

Ranpak Holdings Corp, Director, Share Acquisition, Form 4, PACK, Insider Transaction, Compensation, Alicia M. Tranen

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