Ranpak director Seshadri acquires 4,606 shares

A director elected to receive the quarterly retainer for director services as vested shares rather than cash.

Rhea-AI Filing Summary

Ranpak Holdings Corp. director Salil Seshadri acquired 4,606 shares of Class A common stock on October 1, 2026, at $4.07 per share, bringing his directly held position to 579,857 shares. The shares were issued as vested shares after he elected to receive his quarterly director retainer in shares rather than cash. Separately, 214,016 shares were held by the Peacock 2021 Family Trust; Seshadri has investment control over and pecuniary interest in those shares.

Insider Trade Summary

Grant/Award: 4,606 shares

Grant/Award 2 txns

Insider Seshadri Salil

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	--	--	--

Holdings After Transaction: Class A common stock — 579,857 shares (Direct); Class A common stock — 214,016 shares (Indirect, See Footnote)

Footnotes (2)

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 by the Peacock 2021 Family Trust. The reporting person has investment control over, and pecuniary interest in, all shares held by the Peacock 2021 Family Trust.

Key Figures

Shares acquired: 4,606 shares Price per share: $4.07 per share Direct shares held after transaction: 579,857 shares +1 more

4 metrics

Shares acquired 4,606 shares Vested shares issued October 1, 2026 for the quarterly director retainer.

Price per share $4.07 per share Acquisition on October 1, 2026.

Direct shares held after transaction 579,857 shares Reported after the October 1, 2026 transaction.

Trust-held shares 214,016 shares Held by the Peacock 2021 Family Trust on October 1, 2026.

Key Terms

quarterly retainer, vested shares, pecuniary interest

3 terms

quarterly retainer financial

"quarterly retainer for director services"

vested shares financial

"form of vested shares rather than cash"

pecuniary interest financial

"pecuniary interest in all shares held by the Peacock 2021 Family Trust"

FAQ

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How many PACK shares did director Salil Seshadri acquire?

On October 1, 2026, Seshadri acquired 4,606 Class A common shares at $4.07 per share, bringing his direct holdings to 579,857 shares. The shares were issued as vested shares after he elected to receive his quarterly director retainer in shares rather than cash.

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

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Available on EDGAR 10/05/2026 - 06:53 PM Accepted by SEC EDGAR 10/05/2026 - 06:53 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^*

Seshadri Salil

(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	579,857	D
Class A common stock								214,016	I	See Footnote(2)

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 by the Peacock 2021 Family Trust. The reporting person has investment control over, and pecuniary interest in, all shares held by the Peacock 2021 Family Trust.

	/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)