[Form 3] Ranpak Holdings Corp. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Aram Paul submitted an Initial Statement of Beneficial Ownership (Form 3) for Ranpak Holdings Corp. (PACK) reporting the event dated 09/29/2025. The filing identifies the reporting person as a Director and an Officer with the title Chief Operating Officer (COO). The Form 3 states that no securities are beneficially owned by the reporting person at the time of the report. The document includes an exhibit (Exhibit 24 - Power of Attorney) and is signed on behalf of the reporting person by Sara Horvath, attorney-in-fact with a signature date of 10/02/2025.

Positive

• Initial Form 3 filed disclosing the reporting person's status as Director and COO
• Clear statement of no beneficial ownership, establishing a baseline for future Section 16 disclosures
• Exhibit 24 (Power of Attorney) included and filing signed by an attorney-in-fact on 10/02/2025

Negative

• None.

Insights

Corporate Governance Analyst

Form 3 shows an executive disclosure with no reported equity ownership.

The filing names Aram Paul as both a director and the company's COO, and records the event date as 09/29/2025. A Form 3 is required when an insider first becomes subject to Section 16 reporting, and this document states no beneficial ownership of the issuer's securities at filing.

This creates a clear public record of the insider's position and ownership status while the Power of Attorney (Exhibit 24) indicates a representative executed the filing on 10/02/2025. Investors and compliance teams may note the absence of disclosed holdings as the baseline for any future Section 16 reports over the coming reporting periods.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Aram Paul

(Last) (First) (Middle)

RANPAK HOLDINGS CORP.

7990 AUBURN ROAD

(Street)

CONCORD TOWNSHIP OH 44077

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/29/2025

3. Issuer Name and Ticker or Trading Symbol
Ranpak Holdings Corp. [ PACK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer (COO)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Sara Horvath, attorney-in-fact	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Ranpak (PACK) Form 3 filed by Aram Paul state?

The Form 3 states the reporting person is Aram Paul, identified as a Director and COO, and reports no securities are beneficially owned as of 09/29/2025.

When was the event requiring the Form 3 filed for PACK?

The event date reported on the Form 3 is 09/29/2025 and the filing was signed by an attorney-in-fact on 10/02/2025.

Does the Form 3 for PACK list any exhibits?

Yes. The filing lists Exhibit 24 - Power of Attorney.

Does the filing indicate any derivative or non-derivative securities owned?

No. The Form 3 explicitly states no securities are beneficially owned.

Who signed the Form 3 for Aram Paul?

The signature on the Form 3 is by Sara Horvath, attorney-in-fact, dated 10/02/2025.