Rayonier Advanced Materials (RYAM) VP logs RSU conversion, new grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rayonier Advanced Materials Vice President of IT Timothy Andrew Brown reported equity award activity involving restricted stock units (RSUs) and common shares. On March 1, 2026, 4,470 RSUs were converted into the same number of common shares at $0.00 per share under an existing RSU agreement, with no cash paid.
On the same date, Brown received a new grant of 3,960 RSUs, each representing a contingent right to one share of RYAM common stock. After these transactions, his direct common stock holdings were 8,150 shares, following the withholding of 1,326 shares at $9.47 per share to satisfy tax obligations related to the equity award.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,470 shares exercised/converted
Mixed
4 txns
Insider
Brown Timothy Andrew
Role
Vice President, IT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,470 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,960 | $0.00 | -- |
| Exercise | Common Stock | 4,470 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,326 | $9.47 | $13K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 9,476 shares (Direct)
Footnotes (1)
- This transaction represents the conversion of 4,470 RSUs (Restricted Stock Units) into common stock, at a conversion price of $0.00 per share, in accordance with the terms of the RSU agreement. No monetary payment was made for the conversion. Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.
FAQ
What insider transactions did RYAM executive Timothy Andrew Brown report on March 1, 2026?
Timothy Andrew Brown reported RSU-related equity activity on March 1, 2026. He converted 4,470 restricted stock units into common stock, received a new grant of 3,960 RSUs, and had 1,326 common shares withheld to cover associated tax obligations.
How many Rayonier Advanced Materials (RYAM) RSUs did Timothy Brown convert and how many did he receive?
Timothy Brown converted 4,470 restricted stock units into 4,470 common shares and received a new award of 3,960 RSUs. Each restricted stock unit represents a contingent right to receive one share of Rayonier Advanced Materials common stock in the future.
What is Timothy Andrew Brown’s direct common stock holding in RYAM after these transactions?
After the reported transactions, Timothy Andrew Brown directly holds 8,150 shares of Rayonier Advanced Materials common stock. This reflects RSU conversion into common shares, followed by a share withholding transaction to cover tax liabilities related to the equity awards.
What do restricted stock units (RSUs) represent in the RYAM Form 4 for Timothy Brown?
In this Form 4, each restricted stock unit represents a contingent right to receive one share of RYAM common stock. The filing notes a conversion of 4,470 RSUs into common shares and a separate grant of 3,960 additional RSUs as equity compensation.