Drew William 4

What Happened

• Drew William, Chief Financial Officer of Ranpak Holdings Corp. (PACK), was granted/awarded 4,602 shares on March 5, 2026. The reported acquisition price is $0.00, so the immediate cash value recorded in the Form 4 is $0. This was an award (transaction code "A") of performance-based restricted stock units (Performance RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (filed within the standard 2-business-day window).
• Amount: 4,602 shares acquired; price per share listed as $0.00 (standard for RSU awards).
• Vesting: Per footnote F1, these Performance RSUs were earned based on pre-established performance goals and vest in three equal installments on March 10, 2026, March 10, 2027, and March 10, 2028.
• Shares owned after transaction: Not specified in the information provided in your summary.
• Notable footnote: F1 confirms these are performance-based RSUs earned as of March 5, 2026. No 10b5-1 plan, tax-withholding details, or late-filing flags were indicated in the provided filing.

Context

• This transaction is an award of equity (not a market purchase or a sale). Awards like Performance RSUs are typically compensation-related and reflect achievement of company-set goals; they do not, by themselves, indicate an insider buying or selling stock for investment purposes.