PACK Form 3: COO Aram Paul discloses zero holdings on 09/29/2025
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
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.