RYAM (RYAM) CFO details RSU awards, conversion and tax share disposition
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. CFO and SVP, Finance Marcus J. Moeltner reported equity transactions involving restricted stock units (RSUs) and common stock. He converted 25,030 RSUs into common shares at a conversion price of $0.00 per share, with no cash paid, in line with the RSU agreement.
On the same date, he received a new grant of 27,720 RSUs, each representing a contingent right to one share of RYAM common stock. Following these transactions, he held 197,169 shares of common stock before a tax-related disposition and 187,424 shares after a disposition of 9,745 shares at $9.47 per share to cover tax obligations.
Positive
- None.
Negative
- None.
Insights
Routine equity grant, RSU vesting, and tax withholding with no open-market trading.
The filing shows Marcus J. Moeltner, CFO of RYAM, converting 25,030 restricted stock units into common stock at $0.00 per share and receiving a new grant of 27,720 RSUs. This reflects standard executive equity compensation and vesting mechanics.
The only share disposal is a Form F transaction of 9,745 common shares at $9.47 per share to satisfy tax obligations tied to the vesting. Such tax-withholding dispositions are non-discretionary and do not represent an open-market sale decision, so the overall signal is neutral.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,030 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 27,720 | $0.00 | -- |
| Exercise | Common Stock | 25,030 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,745 | $9.47 | $92K |
Footnotes (1)
- This transaction represents the conversion of 25,030 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.