Director at Ranpak (NYSE: PACK) receives 16,181-share RSU grant

Rhea-AI Filing Summary

Jones Michael Anthony reported acquisition or exercise transactions in this Form 4 filing.

Ranpak Holdings Corp. director Michael Anthony Jones reported an equity compensation grant of 16,181 shares of Class A common stock in the form of restricted stock units on May 21, 2026. The grant carried a price of $0.00 per share.

These restricted stock units vest on the earlier of the first anniversary of the grant date or the next annual shareholder meeting after the grant. Following this award, Jones directly holds 289,914 shares of Ranpak Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jones Michael Anthony

Role null

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

Holdings After Transaction: Class A common stock — 289,914 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 16,181 shares Grant price: $0.00 per share Shares held after grant: 289,914 shares

3 metrics

RSUs granted 16,181 shares Restricted stock unit award on May 21, 2026

Grant price $0.00 per share Equity compensation, not open-market purchase

Shares held after grant 289,914 shares Direct holdings of Class A common stock after transaction

Key Terms

restricted stock units, vest, annual shareholder meeting

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.

vest financial

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

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual shareholder meeting financial

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

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.

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^*

Jones Michael Anthony

(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)
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	289,914	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 Holdings (PACK) report for Michael Jones?

Ranpak reported that director Michael Anthony Jones received 16,181 restricted stock units of Class A common stock as an equity grant. The Form 4 shows this award was priced at $0.00 per share as part of his director compensation package.

When do Michael Jones’s new Ranpak (PACK) restricted stock units vest?

The restricted stock units vest on the earlier of the first anniversary of the grant date or the date of the next annual shareholder meeting. This schedule ties vesting either to time served or to the company’s next shareholder meeting.

How many Ranpak (PACK) shares does Michael Jones hold after this Form 4?

After the reported grant, Michael Anthony Jones directly holds 289,914 shares of Ranpak Class A common stock. This total includes the 16,181-share restricted stock unit award disclosed in the Form 4 insider transaction filing.

Was Michael Jones’s Ranpak (PACK) equity award an open-market purchase?

No. The filing classifies the transaction as a grant or award acquisition with a transaction price of $0.00 per share. This indicates compensation-related restricted stock units, not an open-market stock purchase by the director.

What type of security did Michael Jones receive from Ranpak (PACK)?

Michael Anthony Jones received restricted stock units that will settle in Ranpak Class A common stock. These RSUs vest based on time and the occurrence of the next annual shareholder meeting, aligning his compensation with shareholder interests.