Ranpak (NYSE: PACK) CFO receives 30,675 RSUs vesting through 2029

Rhea-AI Filing Summary

Ranpak Holdings Corp. reported that Chief Financial Officer & EVP Drew William acquired 30,675 shares of Class A common stock through a grant of restricted stock units (RSUs) on March 3, 2026. This was a non-cash award under the Ranpak Holdings Corp. 2019 Omnibus Incentive Plan.

Each RSU represents a right to receive one share of Class A common stock, and the RSUs will vest in three equal installments on March 10, 2027, March 10, 2028, and March 10, 2029. Following this grant, Drew William held 557,246 shares of Class A common stock in total, reported as directly owned.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Drew William

(Last) (First) (Middle)

RANPAK HOLDINGS CORP.

7990 AUBURN ROAD

(Street)

CONCORD TOWNSHIP OH 44077

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer & EVP

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A common stock	03/03/2026		A		30,675	A	$0(1)	557,246	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock units ("RSUs") pursuant to the Ranpak Holdings Corp. 2019 Omnibus Incentive Plan. Each RSU represents a right to receive one share of the issuer's Class A common stock. The RSUs will vest in three equal installments on each of March 10, 2027, March 10, 2028 and March 10, 2029.

	/s/ Sara Horvath, attorney-in-fact	03/05/2026
	** 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 4 (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 insider transaction did Ranpak (PACK) report for CFO Drew William?

Ranpak reported that CFO and EVP Drew William received a grant of 30,675 restricted stock units of Class A common stock on March 3, 2026 as equity compensation under the 2019 Omnibus Incentive Plan.

How many Ranpak (PACK) shares does CFO Drew William hold after this Form 4?

After the RSU grant, CFO Drew William is reported as directly owning 557,246 shares of Ranpak Class A common stock. This figure reflects his total direct holdings immediately following the March 3, 2026 award.

What are the vesting terms of the 30,675 RSUs granted to Ranpak (PACK) CFO?

The 30,675 RSUs granted to CFO Drew William vest in three equal installments. The units vest on March 10, 2027, March 10, 2028, and March 10, 2029, with each RSU delivering one share of Class A common stock at vesting.

Was the Ranpak (PACK) CFO Form 4 transaction a market purchase or sale?

The Form 4 reports a grant/award acquisition coded as transaction type “A,” not a market purchase or sale. It reflects restricted stock units awarded as compensation, with a reported transaction price of $0.0000 per share.

What equity plan was used for the Ranpak (PACK) CFO RSU grant?

The RSU award to CFO Drew William was made under the Ranpak Holdings Corp. 2019 Omnibus Incentive Plan. The grant consists of 30,675 RSUs, each representing a right to receive one share of Class A common stock upon vesting.