RYAM SVP converts RSUs, withholds shares for tax

RAYONIER ADVANCED MATERIALS SVP Kenneth James Duffy reported multiple equity-related transactions on March 1, 2026.

Rhea-AI Filing Summary

RAYONIER ADVANCED MATERIALS SVP Kenneth James Duffy reported multiple equity-related transactions on March 1, 2026. He converted 8,940 Restricted Stock Units into common stock at a conversion price of $0.00 per share, consistent with the RSU agreement, and received a new grant of 6,336 Restricted Stock Units, each representing one future share of common stock.

Following the RSU conversion, he acquired 8,940 common shares, then disposed of 4,739 common shares at $9.47 per share to cover tax obligations by delivering shares, leaving him with 24,947 common shares held directly.

Insider Trade Summary

8,940 shares exercised/converted

Exercise 4 txns

Insider Duffy Kenneth James

Role SVP, Paperboard/HYP

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	8,940	$0.00	$0.00
Grant/Award	Restricted Stock Units	6,336	$0.00	$0.00
Exercise	Common Stock	8,940	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	4,739	$9.47	$45K

Holdings After Transaction: Restricted Stock Units — 6,336 contracts (Direct); Common Stock — 24,947 shares (Direct)

Footnotes (2)

1. F1. This transaction represents the conversion of 8,940 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.
2. 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 SVP Kenneth Duffy report on this Form 4?

Kenneth Duffy reported converting 8,940 Restricted Stock Units into RYAM common stock and receiving a new grant of 6,336 RSUs. He also disposed of 4,739 common shares to satisfy tax obligations, leaving 24,947 common shares held directly afterward.

How many RYAM shares did Kenneth Duffy acquire through RSU conversion?

He acquired 8,940 RYAM common shares through the exercise or conversion of 8,940 Restricted Stock Units. The conversion occurred at a price of $0.00 per share, in accordance with the RSU agreement, with no cash payment required for the transaction.

What new Restricted Stock Unit award did RYAM grant to Kenneth Duffy?

Kenneth Duffy received a new grant of 6,336 Restricted Stock Units, each representing a contingent right to one RYAM common share. This award increased his derivative holdings, with 6,336 RSUs reported as beneficially owned directly after the transaction date.

Why did Kenneth Duffy dispose of 4,739 RYAM common shares on March 1, 2026?

He disposed of 4,739 common shares in a transaction coded “F,” which indicates payment of tax liability by delivering securities. The shares were valued at $9.47 per share, reflecting a tax-withholding disposition rather than an open-market sale.

How many RYAM common shares does Kenneth Duffy hold after these transactions?

After the reported transactions, Kenneth Duffy directly holds 24,947 RYAM common shares. This figure reflects the RSU conversion into common stock and the subsequent share disposition to satisfy tax obligations through delivery of shares on March 1, 2026.

What does each Restricted Stock Unit reported by RYAM’s SVP represent?

Each Restricted Stock Unit represents a contingent right to receive one share of RYAM common stock. These RSUs convert into shares according to the terms of the RSU agreement, which in this case allowed conversion at a price of $0.00 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/03/2026 - 05:22 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duffy Kenneth James

(Last) (First) (Middle)

1301 RIVERPLACE BOULEVARD

SUITE 2300

(Street)

JACKSONVILLE FL 32207

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RAYONIER ADVANCED MATERIALS INC. [ RYAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Paperboard/HYP

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/01/2026		M		8,940	A	$0.0000(1)	29,686	D
Common Stock	03/01/2026		F		4,739	D	$9.47	24,947	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	03/01/2026		M			8,940	03/01/2026	03/01/2026	Common Stock	8,940	$0.0000	0.0000	D
Restricted Stock Units	(2)	03/01/2026		A		6,336		03/01/2029	03/01/2029	Common Stock	6,336	$0.0000	6,336	D

Explanation of Responses:

1. This transaction represents the conversion of 8,940 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.

2. Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.

	Brenda K. Davis, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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