International Paper director granted 5,298 shares

Hinman Jacqueline C. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Hinman Jacqueline C. reported acquisition or exercise transactions in this Form 4 filing.

International Paper director Jacqueline C. Hinman received a grant of 5,298 shares of common stock as compensation for service in the 2026–2027 performance year. The award was granted at no cash cost to her and is subject to vesting conditions.

The shares remain restricted and become non‑forfeitable on the earliest of May 12, 2027, death, disability, retirement, or resignation with board consent, with pro rata reduction if she resigns early. Following this grant, she directly holds 77,512 shares, including previously credited dividend equivalents that vest on the same schedule as the underlying award.

Insider Trade Summary

Grant/Award: 5,298 shares

Grant/Award 1 txn

Insider Hinman Jacqueline C.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,298	$0.00	$0.00

Holdings After Transaction: Common Stock — 77,512 shares (Direct)

Footnotes (3)

1. F1. Share numbers rounded.
2. F2. The shares reported were awarded to the participant for service as a director for the 2026-2027 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (i) May 12, 2027, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.
3. F3. The total amount reported includes previously credited dividend equivalents. Dividend equivalents are acquired pursuant to a dividend reinvestment feature of the Company's Long-Term Incentive Plan. Dividends vest at the same time as the award to which they relate.

Key Figures

Stock award size: 5,298 shares Grant price: $0.0000 per share Post-transaction holdings: 77,512 shares +2 more

5 metrics

Stock award size 5,298 shares Common stock granted for 2026–2027 director service

Grant price $0.0000 per share Compensation award, no cash paid by director

Post-transaction holdings 77,512 shares Total common shares directly held after grant

Vesting date May 12, 2027 Earliest standard date when award becomes non‑forfeitable

Transaction date May 12, 2026 Date of stock award grant

Key Terms

dividend equivalents, Long-Term Incentive Plan, performance year, non-forfeitable

4 terms

dividend equivalents financial

"The total amount reported includes previously credited dividend equivalents."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

Long-Term Incentive Plan financial

"Dividend equivalents are acquired pursuant to a dividend reinvestment feature of the Company's Long-Term Incentive Plan."

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

performance year financial

"awarded to the participant for service as a director for the 2026-2027 performance year."

non-forfeitable financial

"Shares become free of restrictions and non-forfeitable on the earliest of: (i) May 12, 2027, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors."

FAQ

What did International Paper (IP) director Jacqueline Hinman report in this Form 4?

Jacqueline C. Hinman reported receiving 5,298 shares of International Paper common stock as a stock award for service as a director. The grant is compensation, not an open‑market purchase, and was issued at no cash cost to her.

When do Jacqueline Hinman’s newly awarded International Paper (IP) shares vest?

The awarded shares become free of restrictions on the earliest of May 12, 2027, death, disability, retirement, or resignation with board consent. If she resigns before the end of the performance year, the award is reduced on a pro rata basis.

How many International Paper (IP) shares does Jacqueline Hinman hold after this grant?

After the Form 4 transaction, Jacqueline C. Hinman directly holds 77,512 shares of International Paper common stock. This total includes the new 5,298‑share award and previously credited dividend equivalents tied to earlier awards under the company’s long‑term plan.

Are Jacqueline Hinman’s new International Paper (IP) shares immediately tradeable?

No, the 5,298 awarded shares are restricted and subject to forfeiture until vesting conditions are met. They become non‑forfeitable on May 12, 2027 or earlier upon death, disability, retirement, or qualifying resignation, consistent with the plan’s terms.

What are dividend equivalents in Jacqueline Hinman’s International Paper (IP) holdings?

Dividend equivalents are additional share credits earned when dividends are reinvested under International Paper’s Long‑Term Incentive Plan. They vest at the same time as the related stock awards and are included in Hinman’s reported 77,512 total shares following this grant.

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Accepted by SEC EDGAR 05/14/2026 - 12:08 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hinman Jacqueline C.

(Last) (First) (Middle)

INTERNATIONAL PAPER COMPANY

6400 POPLAR AVENUE

(Street)

MEMPHIS TENNESSEE 38197

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL PAPER CO /NEW/ [ IP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/12/2026		A		5,298(1)(2)	A	$0	77,512(1)(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Share numbers rounded.

2. The shares reported were awarded to the participant for service as a director for the 2026-2027 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (i) May 12, 2027, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.

3. The total amount reported includes previously credited dividend equivalents. Dividend equivalents are acquired pursuant to a dividend reinvestment feature of the Company's Long-Term Incentive Plan. Dividends vest at the same time as the award to which they relate.

Remarks:

Power of Attorney on file.

	/s/ Vincent T. Smith, Attorney-in-Fact for Ms. Hinman	05/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)