Jones Michael Anthony 4

What Happened
Michael Anthony Jones, a director of Ranpak Holdings Corp. (PACK), was granted 16,181 restricted stock units (RSUs) on May 21, 2026. The award is reported as an acquisition at $0.00 per unit (reported value $0) — this is a compensation grant, not an open-market purchase or sale.

Key Details

• Transaction type: Award/Grant (Form 4 code A).
• Transaction date: 2026-05-21; Form 4 filed 2026-05-26 (filed within required period).
• Shares/units granted: 16,181 RSUs; reported acquisition price $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the next annual shareholder meeting after the grant.
• No sale, open-market purchase, option exercise, or tax-withholding transaction reported with this grant.

Context
Restricted stock units are a form of equity compensation that convert into shares upon vesting. This grant increases potential future share ownership if and when the RSUs vest, but it is not an immediate cash purchase or sale and does not necessarily signal a personal market bet by the director.