RYAM (RYAM) director Ivona Smith exercises 16,429 RSUs and receives new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. director Ivona Smith reported equity compensation activity involving restricted stock units. On May 13, 2026, she received a grant of 12,106 restricted stock units, each representing a contingent right to one share of common stock. On May 14, 2026, she exercised 16,429 restricted stock units, acquiring the same number of common shares. After these transactions, she directly holds 127,042 shares of common stock, with no remaining balance from the exercised RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,429 shares exercised/converted
Mixed
3 txns
Insider
Smith Ivona
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 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 127,042 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 16,429 shares
RSU grant: 12,106 units
Shares held after transactions: 127,042 shares
+2 more
5 metrics
RSUs exercised
16,429 shares
Restricted stock units converted to common stock on May 14, 2026
RSU grant
12,106 units
Restricted stock units awarded on May 13, 2026
Shares held after transactions
127,042 shares
Direct common stock holdings following May 14, 2026 exercise
Derivative exercises reported
1 transaction, 16,429 shares
Exercise or conversion of derivative security coded M
Equity awards acquired
3 acquire-type transactions
All transactions classified as acquisitions in transactionSummary
Key Terms
Restricted Stock Units, derivative security, contingent right, Form 4
4 terms
Restricted Stock Units financial
"On May 13, 2026, she received a grant of 12,106 restricted stock units"
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
"classified as an exercise or conversion of a derivative security coded as transaction type M"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of RYAM common stock"
Form 4 regulatory
"What insider transactions did RYAM director Ivona Smith report on this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did RYAM director Ivona Smith report on this Form 4?
Director Ivona Smith reported an equity award and an exercise. She received 12,106 restricted stock units on May 13, 2026, and on May 14, 2026 exercised 16,429 restricted stock units into 16,429 shares of RYAM common stock.
What restricted stock unit grant did RYAM report for Ivona Smith on May 13, 2026?
On May 13, 2026, RYAM granted Ivona Smith 12,106 restricted stock units. Each unit represents a contingent right to receive one share of RYAM common stock, with the award structured as a derivative security linked to future share delivery.
What derivative exercise did Ivona Smith complete on May 14, 2026 at RYAM?
On May 14, 2026, Ivona Smith exercised 16,429 restricted stock units, converting them into 16,429 shares of RYAM common stock. The Form 4 classifies this as an exercise or conversion of a derivative security coded as transaction type M.
Were there any open-market stock purchases or sales by Ivona Smith in this RYAM Form 4?
The Form 4 shows no open-market purchases or sales. All reported transactions are coded as A or M, reflecting a restricted stock unit grant and an exercise of derivative securities rather than buy or sell transactions in the open market.