ASALI OMAR 4

What Happened

• Omar Asali, Ranpak's CEO and Executive Chairman, had 60,937 shares disposed on March 10, 2026 to cover tax liabilities tied to the vesting of previously granted performance-based RSUs and RSUs. The shares were valued at $3.83 each for a total of approximately $233,389. This was a tax-withholding disposition (code F), not an open-market sale for investment purposes.

Key Details

• Transaction date and price: 2026-03-10; 60,937 shares at $3.83 per share.
• Total value: approximately $233,389 (shares withheld to satisfy tax withholding).
• Shares owned after transaction: not explicitly stated on the filing. Footnotes note related holdings: Vivoli Holdings (controlled by Mr. Asali) holds 1,333,679 Class A shares; additional shares are held in trusts for Asali’s children that he may be deemed to beneficially own.
• Footnotes: F1 = shares withheld to cover tax liabilities from vested performance-based RSUs/RSUs; F2 = Vivoli Holdings stake and Asali’s control (disclaimer of beneficial ownership except pecuniary interest); F3 = shares held in trusts for his children.
• Filing timing: Reported on 2026-03-12 for a 2026-03-10 transaction (filed within the standard Form 4 reporting window).

Context

• This was a routine tax-withholding disposition following vesting of restricted stock units (a common administrative step), not a discretionary open-market sale—such withholdings generally do not signal insider sentiment about the company’s outlook.
• For retail investors, purchases by insiders tend to be more informative than withholding transactions; treat this as administrative rather than a directional bet.