International Paper (IP) CFO has 2,703 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
International Paper Senior VP & CFO Lance Loeffler reported a tax-related share disposition. 2,703 shares of common stock were withheld at $35.70 per share to cover tax obligations tied to the vesting of the first tranche of a 2025 inducement restricted stock unit award. Following this withholding, he directly holds 29,162 common shares. The share numbers are noted as rounded.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Loeffler Lance
Role
Senior VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,703 | $35.70 | $96K |
Holdings After Transaction:
Common Stock — 29,162 shares (Direct)
Footnotes (1)
- Shares withheld to cover tax obligations related to the vesting of the first tranche of the 2025 Inducement Restricted Stock Unit Award granted on April 1, 2025. Share numbers rounded.
Key Figures
Tax-withheld shares: 2,703 shares
Withholding share price: $35.70 per share
Shares held after transaction: 29,162 shares
+1 more
4 metrics
Tax-withheld shares
2,703 shares
Common stock withheld to cover tax obligations
Withholding share price
$35.70 per share
Price applied to 2,703 withheld shares
Shares held after transaction
29,162 shares
Direct common stock holdings after withholding
Award reference year
2025
Inducement Restricted Stock Unit Award year
Key Terms
tax obligations, vesting, Inducement Restricted Stock Unit Award, tax-withholding disposition
4 terms
tax obligations financial
"Shares withheld to cover tax obligations related to the vesting"
vesting financial
"related to the vesting of the first tranche of the 2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Inducement Restricted Stock Unit Award financial
"the 2025 Inducement Restricted Stock Unit Award granted on April 1, 2025"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did INTERNATIONAL PAPER (IP) report for Lance Loeffler?
Lance Loeffler, Senior VP & CFO of International Paper, reported a tax-withholding disposition of 2,703 common shares. These shares were withheld to satisfy tax obligations from vesting of a 2025 inducement restricted stock unit award, not an open-market sale.
Was the INTERNATIONAL PAPER (IP) Form 4 a market sale by Lance Loeffler?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. International Paper withheld 2,703 shares from Lance Loeffler to satisfy tax obligations triggered by vesting of the first tranche of his 2025 inducement restricted stock unit award.