International Paper (IP) director logs stock award and tax withholding in Form 4 filing
Rhea-AI Filing Summary
International Paper director David A. Robbie reported routine equity compensation activity. On May 12, 2026, he received an award of 5,298 shares of common stock for service as a director for the 2026–2027 year, which were granted at no cash cost and are subject to restrictions that lapse on the earliest of May 12, 2027, death, disability, retirement, or a Board-consented resignation. On the same date, 1,233 shares were withheld as a tax-withholding disposition tied to the vesting of a prior-year director award. After these transactions, he directly holds 12,769 shares, including previously credited dividend equivalents under the company’s Long-Term Incentive Plan. These events reflect compensation and related tax withholding rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,065 shares
Net Buy
2 txns
Insider
ROBBIE DAVID A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,298 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,233 | $32.47 | $40K |
Holdings After Transaction:
Common Stock — 12,769 shares (Direct)
Footnotes (4)
- F1. Share numbers rounded.
- F2. The shares reported were awarded to the participant for service as a director for the 2026-2027 service 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.
- 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.
- F4. Represents shares withheld for the payment of tax liability from the vesting of the award to the reporting person for service as a director for the 2025-2026 service year.
Key Figures
Tax-withholding shares: 1,233 shares
Awarded shares: 5,298 shares
Tax-withholding reference price: $32.47 per share
+2 more
5 metrics
Tax-withholding shares
1,233 shares
Shares withheld for tax liability on 2025–2026 director award vesting
Awarded shares
5,298 shares
Director stock award for 2026–2027 service year
Tax-withholding reference price
$32.47 per share
Value used for 1,233-share tax-withholding disposition on May 12, 2026
Shares held after transactions
14,002 shares
Total common shares directly held after May 12, 2026 transactions
Award vesting date
May 12, 2027
Earliest date when 2026–2027 director award becomes non‑forfeitable
Key Terms
tax-withholding disposition, dividend equivalents, Long-Term Incentive Plan, non-forfeitable, +1 more
5 terms
tax-withholding disposition financial
"Represents shares withheld for the payment of tax liability from the vesting of the award"
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.
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.
non-forfeitable financial
"Shares become free of restrictions and non-forfeitable on the earliest of: (i) May 12, 2027, (ii) death,"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did International Paper (IP) director David A. Robbie report in this Form 4?
David A. Robbie reported a routine equity award and related tax withholding. He received 5,298 restricted common shares for 2026–2027 board service, and 1,233 shares were withheld to cover taxes from a prior director award vesting.
What are the vesting terms of David A. Robbie’s new International Paper (IP) director award?
The 5,298-share award becomes non‑forfeitable on the earliest of May 12, 2027, death, disability, retirement, or resignation with Board consent. In a resignation scenario, the award would be reduced pro rata based on the director’s length of service.
How are dividend equivalents treated in David A. Robbie’s International Paper (IP) holdings?
His reported total includes previously credited dividend equivalents, which are acquired through a dividend reinvestment feature under International Paper’s Long-Term Incentive Plan. These dividend equivalents vest at the same time as the related underlying award.