International Paper director granted 10,203 RSUs

Vincent Anton V. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Vincent Anton V. reported acquisition or exercise transactions in this Form 4 filing.

International Paper director Vincent Anton V. received a grant of 10,203 Restricted Stock Units as compensation for his 2026–2027 service year on the board. Each unit represents one share of International Paper common stock but will be settled in cash after he leaves board service.

The award is held indirectly in the company’s Restricted Stock and Deferred Compensation Plan for Non-Employee Directors and includes previously credited dividend equivalents. Following this grant, he indirectly holds a total of 54,013 units in the plan.

Insider Trade Summary

Grant/Award: 10,203 shares

Grant/Award 1 txn

Insider Vincent Anton V.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	10,203	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 54,013 contracts (Indirect, By Plan)

Footnotes (3)

1. F1. The Restricted Stock Units (units) reported were awarded to the reporting person for service as a director for the 2026-2027 service year. The units held in the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors represent one share of International Paper Company common stock. The units are settled in cash on January 1 following the year in which the reporting person terminates service as a director.
2. F2. Share numbers rounded.
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

RSUs granted: 10,203 units Total RSUs after grant: 54,013 units Grant price: $0.00 per unit +2 more

5 metrics

RSUs granted 10,203 units Restricted Stock Units awarded for 2026–2027 director service year

Total RSUs after grant 54,013 units Indirect holdings in Restricted Stock and Deferred Compensation Plan following transaction

Grant price $0.00 per unit Compensation grant, not an open-market purchase

Settlement timing January 1 following year service ends Cash settlement date for Restricted Stock Units

Underlying security Common Stock (1 share per unit) Each unit represents one share of International Paper common stock

Key Terms

Restricted Stock Units, Dividend equivalents, dividend reinvestment feature, Long-Term Incentive Plan, +1 more

5 terms

Restricted Stock Units financial

"The Restricted Stock Units (units) reported were awarded to the reporting person for service as a director for the 2026-2027 service year."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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.

dividend reinvestment feature financial

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

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.

Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial

"The units held in the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors represent one share of International Paper Company common stock."

FAQ

What did International Paper (IP) director Vincent Anton V. report on this Form 4?

He reported receiving 10,203 Restricted Stock Units as a grant for his 2026–2027 board service year. These units are held in a company plan, represent common stock equivalents, and increase his total indirect holdings to 54,013 units.

Is the International Paper (IP) Form 4 transaction a stock purchase or sale?

No, the filing shows a grant of 10,203 Restricted Stock Units, not an open-market stock purchase or sale. The units are compensation for board service and are settled in cash after the director’s service ends.

How many Restricted Stock Units does the International Paper (IP) director hold after this grant?

After the grant, the director indirectly holds 54,013 Restricted Stock Units in the company’s plan. This total includes the newly awarded 10,203 units and previously credited dividend equivalents accumulated under the long-term incentive arrangements.

When will the International Paper (IP) Restricted Stock Units be settled for the director?

The units will be settled in cash on January 1 following the year in which the director terminates service. Until then, the Restricted Stock Units remain in the plan and track one share of common stock per unit in value.

What do the dividend equivalents mentioned in the International Paper (IP) Form 4 mean?

Dividend equivalents are additional units credited when dividends are paid on common stock. For this director, they are acquired under a dividend reinvestment feature and vest at the same time as the related Restricted Stock Unit awards.

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Accepted by SEC EDGAR 05/14/2026 - 11:51 AM 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^*

Vincent Anton V.

(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

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
Restricted Stock Units	$0(1)	05/12/2026		A		10,203		(1)	(1)	Common Stock	10,203(2)	$0	54,013(2)(3)	I	By Plan(1)

Explanation of Responses:

1. The Restricted Stock Units (units) reported were awarded to the reporting person for service as a director for the 2026-2027 service year. The units held in the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors represent one share of International Paper Company common stock. The units are settled in cash on January 1 following the year in which the reporting person terminates service as a director.

2. Share numbers rounded.

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 Mr. Vincent	05/13/2026
	** 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)