Ranpak (NYSE: PACK) director awarded 16,181 restricted stock units

Rhea-AI Filing Summary

Ranpak Holdings Corp. director Thomas F. Corley reported a compensation-related equity award. He acquired 16,181 restricted stock units tied to Ranpak’s Class A common stock at no cash cost. These units vest on the earlier of the first anniversary of the grant date or the next annual shareholder meeting. Following this grant, Corley directly holds 122,387 shares of Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Corley Thomas F.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock	16,181	$0.00	--

Holdings After Transaction: Class A common stock — 122,387 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 16,181 units Grant price: $0.0000 per share Shares held after grant: 122,387 shares

3 metrics

RSU grant size 16,181 units Restricted stock units granted on May 21, 2026

Grant price $0.0000 per share Reported transaction price for RSU award

Shares held after grant 122,387 shares Direct Class A common stock holdings after transaction

Key Terms

restricted stock units, annual shareholder meeting, Class A common stock

3 terms

restricted stock units financial

"These restricted stock units will vest on the earlier of (i) the first anniversary"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

annual shareholder meeting financial

"or (ii) the date of the next annual shareholder meeting that occurs after the date"

A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.

Class A common stock financial

"security_title: Class A common stock reported for this Form 4 transaction"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Corley Thomas F.

(Last) (First) (Middle)

7990 AUBURN ROAD

(Street)

CONCORD TOWNSHIP OHIO 44077

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

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	05/21/2026		A		16,181(1)	A	$0.00	122,387	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. These restricted stock units will vest on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the next annual shareholder meeting that occurs after the date of grant.

	/s/ Sara Horvath, attorney-in-fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ranpak (PACK) director Thomas F. Corley report?

Thomas F. Corley reported receiving 16,181 restricted stock units as an equity award. The units relate to Ranpak’s Class A common stock and were granted at no cash cost, reflecting stock-based compensation rather than an open-market purchase or sale.

How many Ranpak (PACK) shares does Thomas F. Corley hold after this Form 4?

After the reported equity award, Thomas F. Corley holds 122,387 shares of Ranpak Class A common stock. This figure represents his direct ownership position following the grant of 16,181 restricted stock units disclosed in the Form 4 filing.

When do Thomas F. Corley’s new Ranpak (PACK) restricted stock units vest?

The 16,181 restricted stock units will vest on the earlier of two dates. They vest either on the first anniversary of the grant date or on the date of the next annual shareholder meeting that occurs after the grant date, whichever comes first.

Was Thomas F. Corley’s Ranpak (PACK) Form 4 transaction a stock purchase?

The Form 4 shows a grant of 16,181 restricted stock units, not an open-market stock purchase. The transaction code is a grant or award, with a reported price of $0.0000 per share, indicating compensation rather than a buy or sell in the market.

What does the transaction code on Thomas F. Corley’s Ranpak (PACK) Form 4 mean?

The transaction code is classified as a grant, award, or other acquisition. This indicates Corley received 16,181 restricted stock units as part of equity compensation, instead of executing an open-market trade to buy or sell existing Ranpak Class A common stock.