Rayonier Advanced Materials (NYSE: RYAM) director boosts stake with RSU exercise and new 12,106-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. director Lisa M. Palumbo exercised restricted stock units into common shares and received a new equity grant. On May 14, 2026, she exercised 16,429 restricted stock units into common stock, bringing her direct common stock holdings to 188,591.538 shares.
The filing also shows a grant of 12,106 restricted stock units on May 13, 2026, each representing a contingent right to one share of common stock and scheduled to convert on May 13, 2027. In addition, there are indirect common stock holdings of 1,931.487 shares held by her spouse and 669.216 shares held by an IRA as of May 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,429 shares exercised/converted
Mixed
5 txns
Insider
PALUMBO LISA M
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 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 188,591.538 shares (Direct, null);
Common Stock — 669.216 shares (Indirect, BY IRA)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 16,429 units
Direct common stock after exercise: 188,591.538 shares
New RSU grant: 12,106 units
+3 more
6 metrics
RSUs exercised
16,429 units
Converted into common stock on May 14, 2026
Direct common stock after exercise
188,591.538 shares
Direct holdings following May 14, 2026 transaction
New RSU grant
12,106 units
Grant on May 13, 2026, scheduled to convert May 13, 2027
Indirect spouse holdings
1,931.487 shares
Common stock held indirectly by spouse as of May 13, 2026
Indirect IRA holdings
669.216 shares
Common stock held indirectly by IRA as of May 13, 2026
RSUs outstanding after grant
12,106 units
Restricted stock units held directly after May 13, 2026 grant
Key Terms
Restricted Stock Units, derivative security, indirect ownership, IRA
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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
"transaction_code_description: 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.
indirect ownership financial
"Common Stock holdings reported as indirect with nature of ownership 'By Spouse'"
IRA financial
"Common Stock holding with nature of ownership reported as 'BY IRA'"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider activity did RYAM director Lisa M. Palumbo report on this Form 4?
Lisa M. Palumbo exercised 16,429 restricted stock units into common stock and received a new grant of 12,106 restricted stock units. The transactions increased her direct equity exposure to Rayonier Advanced Materials common shares and added a new unvested RSU position.
What are the details of the new restricted stock unit grant reported by RYAM?
The filing reports a grant of 12,106 restricted stock units to Lisa M. Palumbo on May 13, 2026. Each unit represents a contingent right to receive one share of Rayonier Advanced Materials common stock, with a scheduled conversion date of May 13, 2027, subject to applicable conditions.
Does the RYAM Form 4 show any insider stock sales by Lisa M. Palumbo?
The Form 4 does not report any open-market stock sales by Lisa M. Palumbo. It shows an exercise of 16,429 restricted stock units into common stock and a grant of 12,106 new restricted stock units, both categorized as acquisition-type transactions.