Ranpak Holdings (NYSE: PACK) CEO receives 92,026 RSUs award

Rhea-AI Filing Summary

ASALI OMAR reported acquisition or exercise transactions in this Form 4 filing.

Ranpak Holdings Corp. director, CEO and Executive Chairman Omar Asali reported an equity award of Class A common stock.

He received a grant of 92,026 restricted stock units (RSUs) under the Ranpak Holdings Corp. 2019 Omnibus Incentive Plan. Each RSU represents one share of Class A common stock and will vest in three equal installments on March 10, 2027, March 10, 2028 and March 10, 2029.

After this grant, Mr. Asali held 2,775,667 Class A shares directly as of March 3, 2026. In addition, 1,333,679 shares are held indirectly by Vivoli Holdings, which he controls and for which he disclaims beneficial ownership except to the extent of his pecuniary interest. Separate trusts for his children each hold 343,220 shares, in which he may be deemed to have beneficial ownership.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider ASALI OMAR

Role CEO & Executive Chairman

Type	Security	Shares	Price	Value
Grant/Award	Class A common stock	92,026	$0.00	--
holding	Class A common stock	--	--	--
holding	Class A common stock	--	--	--
holding	Class A common stock	--	--	--

Holdings After Transaction: Class A common stock — 2,775,667 shares (Direct); Class A common stock — 1,333,679 shares (Indirect, By Vivoli Holdings)

Footnotes (1)

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. Vivoli Holdings holds 1,333,679 shares of Class A common stock. Mr. Asali controls Vivoli Holdings. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. These shares are held in trusts for which Mr. Asali's children are the beneficiaries and in respect of which Mr. Asali may be deemed to have beneficial ownership.

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^*

ASALI OMAR

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & Executive Chairman

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		92,026	A	$0(1)	2,775,667	D
Class A common stock								1,333,679	I	By Vivoli Holdings(2)
Class A common stock								343,220	I	By Omar M. Asali Irrevocable Trust F/B/O Michael Asali(3)
Class A common stock								343,220	I	By Omar M. Asali Irrevocable Trust F/B/O Yasmeen Asali(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. 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.

2. Vivoli Holdings holds 1,333,679 shares of Class A common stock. Mr. Asali controls Vivoli Holdings. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

3. These shares are held in trusts for which Mr. Asali's children are the beneficiaries and in respect of which Mr. Asali may be deemed to have beneficial ownership.

	/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 Omar Asali?

Ranpak reported that Omar Asali received a grant of 92,026 restricted stock units of Class A common stock. The award was made under the 2019 Omnibus Incentive Plan and represents a non-cash equity grant rather than an open-market share purchase.

How do the 92,026 RSUs granted to Ranpak (PACK) CEO vest?

The 92,026 RSUs vest in three equal installments on March 10, 2027, March 10, 2028 and March 10, 2029. Each vested RSU will deliver one share of Ranpak Class A common stock, subject to the terms of the incentive plan and award agreement.

How many Ranpak (PACK) shares does Omar Asali hold directly after this Form 4?

After the reported grant, Omar Asali held 2,775,667 shares of Ranpak Class A common stock directly. This figure reflects his direct ownership position as of March 3, 2026, excluding separate indirect holdings through Vivoli Holdings and family trusts.

What is Vivoli Holdings’ Ranpak (PACK) stake mentioned in the Form 4?

Vivoli Holdings holds 1,333,679 Ranpak Class A shares. Omar Asali controls Vivoli Holdings but disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, meaning his economic stake may be smaller than the full share count.

How are Ranpak (PACK) shares held for Omar Asali’s children structured?

Two irrevocable trusts, one for each of Omar Asali’s children, each hold 343,220 Ranpak Class A shares. The filing states he may be deemed to have beneficial ownership in these trust-held shares, reflecting potential indirect economic or voting interests.

Is the 92,026-share award to Ranpak (PACK) CEO a market purchase?

No, the 92,026-share award is a grant of restricted stock units under Ranpak’s 2019 Omnibus Incentive Plan. It is classified as a grant or award acquisition, not an open-market buy, and carries a multi-year vesting schedule through 2029.