Rayonier Advanced Materials (NYSE: RYAM) VP awarded 13,434 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. Vice President of Manufacturing Michael D. Osborne received 13,434 shares of common stock on March 3, 2026 from the vesting and settlement of performance share units granted on March 1, 2023. The company withheld 3,264 shares to cover tax obligations, and Osborne held 58,766 common shares directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Osborne Michael D
Role
Vice President, Manufacturing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,434 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,264 | $9.37 | $31K |
Holdings After Transaction:
Common Stock — 62,030 shares (Direct)
Footnotes (1)
- Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results. PSUs convert into common stock on a one-for-one basis. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.
FAQ
What insider equity transaction did RYAM executive Michael D. Osborne report?
Michael D. Osborne reported vesting of performance share units into 13,434 shares of RYAM common stock. These shares arose from a March 1, 2023 grant that vested after the Compensation and Management Development Committee certified performance results on March 3, 2026.
What performance period applied to the RYAM PSUs reported by Michael D. Osborne?
The performance share units had a three-year performance period ending February 27, 2026. Vesting depended on relative and absolute total shareholder return metrics and cumulative adjusted EBITDA performance, which were certified by the Compensation and Management Development Committee on March 3, 2026.
What role does Michael D. Osborne hold at RYAM in this Form 4 filing?
In this Form 4, Michael D. Osborne is identified as RYAM’s Vice President, Manufacturing. The reported transactions involve equity compensation, specifically performance share units that vested into common stock and related shares withheld for tax obligations.