Ranpak director Alicia M. Tranen receives 4,606 shares

Ranpak Holdings Corp. director Alicia M. Tranen received 4,606 shares of Class A common stock on October 1, 2026, issued as vested shares after she elected to take her quarterly director retainer in shares rather than cash.

Rhea-AI Filing Summary

Ranpak Holdings Corp. director Alicia M. Tranen received 4,606 shares of Class A common stock on October 1, 2026, issued as vested shares after she elected to take her quarterly director retainer in shares rather than cash. The reported value was $4.07 per share, and her direct holdings after the award were 326,741 shares. Blue Parrot Trust held 71,660 shares and is jointly controlled by Tranen and her spouse.

Insider Trade Summary

Grant/Award: 4,606 shares

Grant/Award 7 txns

Insider Tranen Alicia M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock F1	4,606	$4.07	$19K
holding	Class A common stock F2	--	--	--
holding	Class A common stock F3	--	--	--
holding	Class A common stock	--	--	--
holding	Class A common stock	--	--	--
holding	Class A common stock	--	--	--
holding	Class A common stock F3	--	--	--

Holdings After Transaction: Class A common stock — 326,741 shares (Direct); Class A common stock — 71,660 shares (Indirect, By Blue Parrot Trust); Class A common stock — 79,924 shares (Indirect, By father); Class A common stock — 125,000 shares (Indirect, By child 1); Class A common stock — 115,000 shares (Indirect, By child 2); Class A common stock — 30,000 shares (Indirect, By child 3); Class A common stock — 30,000 shares (Indirect, By spouse)

Footnotes (3)

1. F1. These shares were issued in connection with the Reporting Person's election to receive the Reporting Person's quarterly retainer for director services in the form of vested shares rather than cash.
2. F2. Shares are held directly by Blue Parrot Trust ("BPT"). BPT is jointly controlled by reporting person and her spouse.
3. F3. The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Key Figures

Shares issued: 4,606 shares Reported per-share value: $4.07 per share Direct holdings after award: 326,741 shares +1 more

4 metrics

Shares issued 4,606 shares Class A common stock issued October 1, 2026

Reported per-share value $4.07 per share Shares issued October 1, 2026

Direct holdings after award 326,741 shares Class A common stock

Blue Parrot Trust holdings 71,660 shares Trust jointly controlled by Tranen and her spouse

Key Terms

quarterly retainer, vested shares, beneficial ownership

3 terms

quarterly retainer financial

"receive the Reporting Person's quarterly retainer for director services"

vested shares financial

"in the form of vested shares rather than cash"

beneficial ownership regulatory

"disclaims beneficial ownership of these shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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How many shares did PACK director Alicia M. Tranen receive?

Alicia M. Tranen received 4,606 shares of Class A common stock on October 1, 2026, reported at $4.07 per share. The shares were issued as vested shares after she elected to receive her quarterly director retainer in shares rather than cash; her direct holdings following the award were 326,741 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 06:54 PM Accepted by SEC EDGAR 10/05/2026 - 06:54 PM Learn about SEC filing dates

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^*

Tranen Alicia M.

(Last) (First) (Middle)

RANPAK HOLDINGS CORP.

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)
10/01/2026

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	10/01/2026		A		4,606(1)	A	$4.07	326,741	D
Class A common stock								71,660	I	By Blue Parrot Trust(2)
Class A common stock								79,924	I	By father(3)
Class A common stock								125,000	I	By child 1
Class A common stock								115,000	I	By child 2
Class A common stock								30,000	I	By child 3
Class A common stock								30,000	I	By spouse(3)

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 shares were issued in connection with the Reporting Person's election to receive the Reporting Person's quarterly retainer for director services in the form of vested shares rather than cash.

2. Shares are held directly by Blue Parrot Trust ("BPT"). BPT is jointly controlled by reporting person and her spouse.

3. The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

	/s/ Sara Horvath, attorney-in-fact	10/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)