RYAM (NYSE: RYAM) VP receives PSU stock award with tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. Vice President of IT Timothy Andrew Brown reported stock-based compensation activity in company common stock. On March 3, 2026, he acquired 2,058 shares at no cost through the vesting and settlement of previously granted Performance Share Units tied to Total Shareholder Return and cumulative adjusted EBITDA performance. On the same date, 611 shares were withheld by the company to cover tax obligations related to the vesting. After these transactions, he held 9,597 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown Timothy Andrew
Role
Vice President, IT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,058 | $0.00 | -- |
| Tax Withholding | Common Stock | 611 | $9.37 | $6K |
Holdings After Transaction:
Common Stock — 10,208 shares (Direct)
Footnotes (1)
- Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ("PSUs"). The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ("TSR") metrics and (ii) cumulative adjusted EBITDA performance. On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award. The number of shares reported reflects the PSUs earned based on such certified performance results. PSUs convert into common stock on a one-for-one basis. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.
FAQ
What insider transactions did RYAM executive Timothy Andrew Brown report?
Timothy Andrew Brown reported the vesting of 2,058 shares of RAYONIER ADVANCED MATERIALS INC. common stock from Performance Share Units and a withholding of 611 shares to cover taxes. After these stock-based compensation transactions, he directly held 9,597 shares.
How do the reported RYAM PSUs convert into common stock?
The Performance Share Units reported by Timothy Andrew Brown convert into RAYONIER ADVANCED MATERIALS INC. common stock on a one-for-one basis. The number of shares received reflects the PSUs earned based on the certified performance results for the three-year performance period.