International Paper officer has 1,273 shares withheld

International Paper executive Holly G. Goughnour, VP & Chief Accounting Officer, reported a routine tax-related share disposition.

Rhea-AI Filing Summary

International Paper executive Holly G. Goughnour, VP & Chief Accounting Officer, reported a routine tax-related share disposition. On April 1, 1,273 shares of common stock were withheld at $35.70 per share to cover tax obligations tied to the vesting of the first tranche of her 2025 Retention Recognition Restricted Stock Unit Award granted on April 1, 2025.

After this withholding, she directly owns 37,748 International Paper shares. She also has 7,516 additional shares held indirectly through the International Paper Company Salaried Savings Plan, based on a plan statement as of March 24, 2026.

Insider Trade Summary

Exercise Price or Tax Liability: 1,273 shares

Exercise Price or Tax Liability 2 txns

Insider Goughnour Holly G.

Role VP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,273	$35.70	$45K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 37,748 shares (Direct); Common Stock — 7,516 shares (Indirect, By Plan)

Footnotes (3)

1. F1. Shares withheld to cover tax obligations related to the vesting of the first tranche of the 2025 Retention Recognition Restricted Stock Unit Award granted on April 1, 2025.
2. F2. Share numbers rounded.
3. F3. Represents shares of International Paper Company common stock held through the International Paper Company Salaried Savings Plan. The information in this report is based on a plan statement as of March 24, 2026.

Key Figures

Tax-withheld shares: 1,273 shares Tax-withholding price: $35.70 per share Direct holdings after transaction: 37,748 shares +2 more

5 metrics

Tax-withheld shares 1,273 shares Common stock withheld on April 1 to cover tax obligations

Tax-withholding price $35.70 per share Value used for 1,273 shares withheld for taxes

Direct holdings after transaction 37,748 shares Direct International Paper common stock held after April 1 transaction

Indirect plan holdings 7,516 shares Shares held through International Paper Salaried Savings Plan as of March 24, 2026

Tax-withholding count 1 transaction TransactionSummary taxWithholdingCount for this Form 4

Key Terms

tax obligations, Restricted Stock Unit Award, tax-withholding disposition, Salaried Savings Plan

4 terms

tax obligations financial

"Shares withheld to cover tax obligations related to the vesting of the first tranche"

Restricted Stock Unit Award financial

"the 2025 Retention Recognition Restricted Stock Unit Award granted on April 1, 2025"

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

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.

Salaried Savings Plan financial

"held through the International Paper Company Salaried Savings Plan"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 09:44 AM EDT 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^*

Goughnour Holly G.

(Last) (First) (Middle)

C/O 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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	04/01/2026		F		1,273(1)	D	$35.7	37,748(2)	D
Common Stock								7,516(2)(3)	I	By Plan

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. Shares withheld to cover tax obligations related to the vesting of the first tranche of the 2025 Retention Recognition Restricted Stock Unit Award granted on April 1, 2025.

2. Share numbers rounded.

3. Represents shares of International Paper Company common stock held through the International Paper Company Salaried Savings Plan. The information in this report is based on a plan statement as of March 24, 2026.

Remarks:

Power of Attorney on file.

	/s/ Vincent T. Smith, attorney-in-fact for Holly G. Goughnour	04/02/2026
	** 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)