RAYONIER ADVANCED MATERIALS (NYSE: RYAM) director converts RSUs and receives 12,106-unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. director David C. Mariano reported equity compensation activity involving common stock and restricted stock units. On May 14, 2026, he exercised 16,429 restricted stock units into the same number of common shares at a stated price of $0.00 per share, bringing his directly held common stock to 945,042 shares.
On May 13, 2026, he also received a grant of 12,106 restricted stock units, each representing a contingent right to receive one share of RYAM common stock, with an exercise and expiration date of May 13, 2027. These transactions reflect routine compensation-related awards and conversions rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,429 shares exercised/converted
Mixed
3 txns
Insider
Mariano David C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,429 | $0.00 | -- |
| Exercise | Common Stock | 16,429 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 12,106 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 945,042 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 16,429 units
Common shares after exercise: 945,042 shares
New RSU grant: 12,106 units
+2 more
5 metrics
RSUs exercised
16,429 units
Converted into 16,429 common shares on May 14, 2026
Common shares after exercise
945,042 shares
Direct holdings following May 14, 2026 transaction
New RSU grant
12,106 units
Granted May 13, 2026, settling into common stock
RSU exercise price
$0.00 per unit
Stated price for 16,429 units exercised to common stock
RSU grant terms
Exercise/expiration May 13, 2027
Timing for 12,106-unit RSU award settlement
Key Terms
Restricted Stock Units, derivative security, contingent right
3 terms
Restricted Stock Units financial
"The security title is listed as Restricted Stock Units in two transactions."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"The transaction code description states Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of RYAM common stock."
FAQ
What insider transactions did RYAM director David C. Mariano report?
He reported exercising 16,429 restricted stock units into common stock and receiving a new grant of 12,106 restricted stock units. These actions are compensation-related and do not represent open-market buying or selling of RAYONIER ADVANCED MATERIALS (RYAM) shares.
What are the details of the new restricted stock unit grant to RYAM’s director?
On May 13, 2026, David C. Mariano received 12,106 restricted stock units at a stated price of $0.00. Each unit represents a contingent right to receive one RYAM common share, with an exercise and expiration date of May 13, 2027, subject to applicable vesting conditions.
What does each restricted stock unit represent in the RYAM filing?
Each restricted stock unit represents a contingent right to receive one share of RAYONIER ADVANCED MATERIALS common stock. This means the holder may receive one share per unit if specified vesting and settlement conditions are satisfied by the stated exercise and expiration date.