RYAM (RYAM) CFO amends Form 4 to correct tax-withheld share count
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. CFO and SVP, Finance Marcus J. Moeltner reported a tax-withholding disposition of 10,366 shares of common stock at $9.47 per share in connection with a previously reported RSU vesting. This Form 4/A amends the original filing to correct the number of shares withheld to cover taxes due to an administrative error. After this correction, he directly holds 186,803 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moeltner Marcus J.
Role
CFO and SVP, Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,366 | $9.47 | $98K |
Holdings After Transaction:
Common Stock — 186,803 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RYAM CFO Marcus Moeltner report on this Form 4/A?
The filing reports a tax-withholding disposition of 10,366 RAYONIER ADVANCED MATERIALS INC. common shares at $9.47 per share. These shares were withheld, or sold to cover taxes, related to a previously reported RSU vesting.
Why was this RYAM Form 4/A filed as an amendment?
The Form 4/A was filed to correct the number of shares withheld (or sold to cover taxes) from a prior RSU vesting report. The original filing contained an administrative error, and no other changes were made.
Did the RYAM CFO’s ownership change materially after this corrected transaction?
After the corrected tax-withholding disposition, Marcus J. Moeltner directly holds 186,803 common shares of RAYONIER ADVANCED MATERIALS INC. The amendment primarily fixes the reported withheld share count rather than indicating a new discretionary trade.
What does transaction code F mean in the RYAM Form 4/A filing?
Transaction code F indicates “Payment of exercise price or tax liability by delivering securities.” In this case, 10,366 common shares were withheld or used to cover taxes tied to a previously reported RSU vesting event.
How is the RYAM CFO’s ownership characterized after the Form 4/A transaction?
Following the corrected transaction, Marcus J. Moeltner’s 186,803 RAYONIER ADVANCED MATERIALS INC. common shares are reported as direct ownership. The filing does not reference indirect entities such as trusts or partnerships for this holding.