RAYONIER ADVANCED MATERIALS (NYSE: RYAM) SVP reports RSU grant, conversion and tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,940 shares exercised/converted
Mixed
4 txns
Insider
Duffy Kenneth James
Role
SVP, Paperboard/HYP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,940 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 6,336 | $0.00 | -- |
| Exercise | Common Stock | 8,940 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,739 | $9.47 | $45K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 29,686 shares (Direct)
Footnotes (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. Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.
FAQ
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.
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.
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.