Rayonier Advanced Materials (RYAM) grants SVP 3-year stock units
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. (RYAM) reported that senior vice president Kenneth James Duffy received a grant of 4,622 performance-based Leveraged Performance Units (LPUs) on 2026-08-27 under the 2023 Incentive Stock Plan. Each LPU is a contingent right to receive one share of common stock if performance and continued-employment conditions are satisfied.
The filing states that the actual shares earned may range from 0% to 250% of the 4,622-unit target award, based on the company’s stock price appreciation over a three-year performance period. Following this grant, Duffy holds 4,622 LPUs directly, with no exercise price.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duffy Kenneth James
Role
SVP, Paperboard/HYP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based LPUs F1, F2, F3, F4 | 4,622 | $0.00 | $0.00 |
Holdings After Transaction:
Performance-Based LPUs — 4,622 shares (Direct)
Footnotes (4)
- F1. The Leveraged Performance Units ("LPUs") were granted pursuant to the Rayonier Advanced Materials Inc. 2023 Incentive Stock Plan.
- F2. Each LPU represents a contingent right to receive one share of Rayonier Advanced Materials Inc. common stock upon vesting, subject to the achievement of specified performance criteria and continued employment.
- F3. The number of shares ultimately earned may range from 0% to 250% of the target award based on the Company's stock price appreciation during the three-year performance period. The target award reported herein consists of 4,622 LPUs.
- F4. N/A
Key Figures
LPU grant: 4,622 LPUs
Shares per LPU: 1 share of common stock per LPU
Earned range: 0% to 250% of target award
+3 more
6 metrics
LPU grant
4,622 LPUs
Target award of Leveraged Performance Units granted to Kenneth James Duffy
Shares per LPU
1 share of common stock per LPU
Each LPU represents a contingent right to one RYAM common share upon vesting
Earned range
0% to 250% of target award
Range of shares that may be earned based on stock price appreciation during performance period
Performance period
three-year performance period
Measurement window for stock price appreciation affecting LPU payout
Post-transaction LPUs held
4,622 LPUs
Total Leveraged Performance Units held directly by Kenneth James Duffy after grant
Transaction price per LPU
$0.00 per LPU
Reported transaction price for the performance-based LPU grant
Key Terms
Leveraged Performance Units, contingent right, performance criteria, three-year performance period
4 terms
Leveraged Performance Units financial
"The Leveraged Performance Units ("LPUs") were granted pursuant to the Rayonier"
Leveraged performance units are a form of long-term compensation that grants recipients a payout tied to how well a company meets specific financial or operational goals, but with an extra multiplier that magnifies gains or losses. Think of them like a performance-based bonus with a built‑in amplifier: small changes in results can produce much bigger payoffs or reductions, which matters to investors because they affect potential dilution of shares, executive incentives, and the alignment between management decisions and shareholder value.
contingent right financial
"Each LPU represents a contingent right to receive one share of Rayonier"
performance criteria financial
"subject to the achievement of specified performance criteria and continued"
three-year performance period financial
"based on the Company's stock price appreciation during the three-year performance"
FAQ
What equity award did RYAM grant to Kenneth James Duffy in this Form 4?
RYAM granted Kenneth James Duffy 4,622 performance-based Leveraged Performance Units (LPUs). Each LPU represents a contingent right to receive one share of RYAM common stock, subject to meeting specified performance criteria and continued employment over a defined performance period.
What is the performance period for the RYAM LPUs granted to Kenneth James Duffy?
The LPUs have a three-year performance period. The number of shares ultimately earned depends on Rayonier Advanced Materials Inc.’s stock price appreciation during this three-year span, in addition to the executive’s continued employment throughout the period.
Does the LPU grant to Kenneth James Duffy have an exercise price?
No. The reported transaction price per LPU is $0.00. Each LPU is a contingent right to receive one share of RYAM common stock upon vesting, subject to performance and employment conditions, rather than an option with an exercise price.
How many RYAM LPUs does Kenneth James Duffy hold after this transaction?
After the reported grant, Kenneth James Duffy holds 4,622 Leveraged Performance Units (LPUs) directly. This amount equals the target award reported in the filing, which may ultimately settle into a range of zero to 250% of that target in shares.
Under which plan were the RYAM LPUs granted to Kenneth James Duffy?
The filing states that the LPUs were granted pursuant to the Rayonier Advanced Materials Inc. 2023 Incentive Stock Plan. This plan provides the framework and terms under which the performance-based LPU awards are issued and administered.
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