Director Scott Tozier granted 5,298 RSUs at International Paper (NYSE: IP)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tozier Scott reported acquisition or exercise transactions in this Form 4 filing.
International Paper director Scott Tozier received a grant of Restricted Stock Units as part of his 2026–2027 board compensation. The award covers 5,298 units, each representing one share of International Paper common stock and held under the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
The filing states that these units are settled in cash on January 1 following the year in which Tozier’s board service ends. Following this grant and previously credited dividend equivalents, his indirect holdings under the plan total 21,655 units, reflecting accumulated director compensation rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tozier Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,298 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 21,655 shares (Indirect, By Plan)
Footnotes (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. Share numbers rounded. 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
RSU grant size: 5,298 units
Total RSUs after grant: 21,655 units
Settlement form: Cash settlement
+1 more
4 metrics
RSU grant size
5,298 units
Award for 2026–2027 director service year
Total RSUs after grant
21,655 units
Indirect holdings under director deferred compensation plan after grant
Settlement form
Cash settlement
Units settled in cash on January 1 after year of service termination
Underlying shares per unit
1 share per unit
Each unit represents one share of International Paper common stock
Key Terms
Restricted Stock Units, Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, Dividend equivalents, Long-Term Incentive Plan
4 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.
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."
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.
FAQ
What insider transaction did International Paper (IP) report for Scott Tozier?
International Paper reported that director Scott Tozier received 5,298 Restricted Stock Units as a grant for his 2026–2027 board service. These units are part of his non-employee director compensation and are held in a company deferred compensation plan.
How many Restricted Stock Units does Scott Tozier now hold at International Paper (IP)?
After the latest grant, Scott Tozier holds a total of 21,655 Restricted Stock Units indirectly under International Paper’s non-employee director plan. This total includes prior awards and dividend equivalents that were credited under the company’s long-term incentive plan.
Are Scott Tozier’s International Paper (IP) Restricted Stock Units settled in stock or cash?
The Restricted Stock Units reported for Scott Tozier are settled in cash, not stock. They are payable on January 1 following the year he terminates service as a director, according to the company’s plan for non-employee directors.
What does the 5,298-unit award to Scott Tozier at International Paper (IP) represent?
The 5,298-unit award represents a grant of Restricted Stock Units for Scott Tozier’s 2026–2027 director service year. Each unit corresponds to one share of International Paper common stock and forms part of his deferred director compensation package.
Do Scott Tozier’s International Paper (IP) units include dividend equivalents?
Yes. The total 21,655 units for Scott Tozier include dividend equivalents credited under International Paper’s Long-Term Incentive Plan. Dividend equivalents are added through a dividend reinvestment feature and vest on the same schedule as the related awards.