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

Director Pamela K. El acquired 2,765 shares of Ranpak Holdings Corp. Class A common stock on January 2, 2025, in lieu of a cash retainer.

Summary

• Pamela K. El, a director at Ranpak Holdings Corp., acquired 2,765 shares of Class A common stock on January 2, 2025.
• The shares were acquired at a price of $6.78 per share.
• This acquisition was made in lieu of receiving a cash retainer for director services.
• Following this transaction, Ms. El directly owns 99,598 shares of Ranpak Holdings Corp.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction related to director compensation. It is neither particularly positive nor negative, but indicates a normal course of business.

Positives

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

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Director compensation in the form of shares is a common practice across publicly traded companies.
• The specific amount of shares and the price are specific to Ranpak Holdings Corp. and its compensation policies.
• This type of transaction is regularly reported via SEC Form 4 filings.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Ranpak Holdings Corp, Director Share Acquisition, Form 4, Insider Trading, Class A Common Stock, Director Retainer