Drew William 4

What Happened

Drew William, Chief Financial Officer of Ranpak Holdings Corp. (PACK), had 17,830 shares withheld on March 10, 2026 to satisfy tax liabilities related to the vesting of previously granted restricted stock units. The shares were valued at $3.83 each, for a total disposition of approximately $68,289. This was a tax-withholding disposition rather than an open-market sale or a purchase.

Key Details

• Transaction date: 2026-03-10; filing date (Accession 0000950103-26-003714): 2026-03-12.
• Price per share: $3.83; shares withheld/disposed: 17,830; total value reported: $68,289.
• Transaction code: F — indicates shares withheld to cover tax withholding obligations.
• Footnote (F1): Shares were withheld to cover payment of tax liabilities related to the vesting of performance-based RSUs and RSUs.
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: filed two days after the transaction (within the typical 2-business-day SEC window for Section 16 reporting).

Context

This was a routine tax-withholding event tied to vesting of equity awards, not an active sale for cash or a purchase that would signal a change in insider conviction. For retail investors, tax withholding disposals are common following vesting and do not alone provide strong buy/sell signals about management’s view of the company.