RYAM VP converts RSUs and withholds shares for tax
Rayonier Advanced Materials Vice President of IT Timothy Andrew Brown reported equity award activity involving restricted stock units (RSUs) and common shares.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,470 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,960 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,470 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,326 | $9.47 | $13K |
Footnotes (2)
- F1. 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RYAM executive Timothy Andrew Brown report on March 1, 2026?
How many Rayonier Advanced Materials (RYAM) RSUs did Timothy Brown convert and how many did he receive?
What is Timothy Andrew Brown’s direct common stock holding in RYAM after these transactions?
What do restricted stock units (RSUs) represent in the RYAM Form 4 for Timothy Brown?
AI-generated analysis. How Rhea-AI works. Not financial advice.