Form 4: Ranpak Holdings Director Michael Jones Acquires Over 29,000 Shares Through Equity Grant

Ranpak Holdings Corp. Director Michael Anthony Jones has acquired 29,325 shares of Class A common stock through a grant, increasing his direct beneficial ownership to 256,613 shares.

Summary

• Michael Anthony Jones, a Director of Ranpak Holdings Corp. (PACK), acquired 29,325 shares of Class A common stock on May 22, 2025.
• The acquisition was a grant at a price of $0.00 per share, indicating it was likely part of an equity compensation plan.
• Following this transaction, Mr. Jones directly beneficially owns a total of 256,613 shares of Class A common stock.
• These restricted stock units (RSUs) are structured to vest on the earlier of the first anniversary of the grant date or the date of the next annual shareholder meeting that occurs after the grant date.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, generally signals confidence in the company's future and aligns management interests with shareholders, which is a positive indicator for investors.

Positives

• The acquisition of 29,325 shares by a director, even if a grant, indicates a stronger alignment of interests between management and shareholders.
• The grant of restricted stock units (RSUs) is a common form of equity compensation that incentivizes long-term performance and retention of key personnel.

Future Outlook

The restricted stock units granted to Director Michael Anthony Jones are structured to vest on the earlier of the first anniversary of the grant date or the date of the next annual shareholder meeting, aligning his future incentives with the company's performance and long-term value creation.

Industry Context

This transaction is a routine insider filing, common across publicly traded companies, reflecting standard equity compensation practices for board members aimed at aligning their interests with long-term shareholder value. It does not indicate any specific broader industry trends or competitive shifts.

Related Party Transactions

• The acquisition of 29,325 shares by Director Michael Anthony Jones from Ranpak Holdings Corp. constitutes a related party transaction, specifically an equity compensation grant to a board member.

Stakeholder Impact

• Shareholders may view this transaction positively as it increases a director's direct stake in the company, potentially reinforcing confidence in the company's leadership and future prospects.

Next Steps

• The restricted stock units (RSUs) granted to Michael Anthony Jones will vest on the earlier of May 22, 2026 (the first anniversary of the grant date) or the date of the next annual shareholder meeting that occurs after May 22, 2025.

Key Dates

Recommendation

Keywords

Ranpak Holdings Corp., PACK, SEC Form 4, Insider Trading, Stock Acquisition, Director Stock Grant, Restricted Stock Units, Equity Compensation, Michael Anthony Jones