Form 4: Director Awarded International Paper Stock Units

Christopher M. Connor, a Director at International Paper Company, received an award of 11,414 Restricted Stock Units for his service.

Summary

• Christopher M. Connor, a Director of International Paper Company, was awarded 11,414 Restricted Stock Units (RSUs) on May 12, 2026.
• These RSUs are for his service as a director for the 2026-2027 service year.
• The RSUs represent one share of International Paper Company common stock each.
• They are held within the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• Settlement of these units will occur in cash on January 1 following the termination of his service as a director.
• The reported total includes previously credited dividend equivalents, which are acquired through a dividend reinvestment feature of the Company's Long-Term Incentive Plan and vest concurrently with the related award.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports on a standard director compensation award rather than significant financial performance or strategic shifts.

Positives

• Director compensation awarded in the form of equity, aligning director interests with shareholders.
• Award of 11,414 Restricted Stock Units for director service.

Risks

• The value of the RSUs is subject to the future stock price of International Paper Company.
• The RSUs are settled in cash, meaning directors do not directly hold company stock upon settlement, which could be a consideration for some governance perspectives.

Future Outlook

The filing does not contain forward-looking statements or guidance. It reports on a past transaction.

Industry Context

StockSavvy.ai notes that the award of Restricted Stock Units to directors is a common practice in the paper and packaging industry to incentivize long-term performance and align executive and director interests with those of shareholders.

Stakeholder Impact

• Shareholders: The award of RSUs aligns director incentives with shareholder interests, potentially leading to decisions that benefit long-term stock value.
• Directors: Mr. Connor receives compensation for his service in the form of equity-based awards.
• Employees: No direct impact mentioned.

Next Steps

• Settlement of Restricted Stock Units in cash on January 1 following the termination of Mr. Connor's service as a director.

Key Dates

Keywords

International Paper Company, Form 4, Restricted Stock Units, Director Compensation, SEC Filing, Equity Award, Insider Trading