4/A: Exec. VP Nicholls Amends IP Stock Holdings

Timothy S. Nicholls, Executive VP of International Paper, filed an amended Form 4 detailing tax-related share withholdings from vested restricted stock units.

Summary

• This is an amendment to a previously filed Form 4, correcting details regarding changes in beneficial ownership for Timothy S. Nicholls, Executive VP & President of International Paper Company.
• On February 1, 2026, 1,371 shares of common stock were withheld at a price of $40.32 per share to cover tax obligations arising from the vesting of a 2023 Restricted Stock Unit Award.
• On the same date, an additional 1,271 shares of common stock were withheld at $40.32 per share for tax obligations related to the vesting of a 2024 Restricted Stock Unit Award.
• The reason for these withholdings was an initial error in federal tax withholding due to the reporting person's expatriate assignment, which was subsequently corrected.
• Following these transactions, Timothy S. Nicholls directly beneficially owns 243,643 shares of International Paper common stock.
• Additionally, Nicholls indirectly holds 7,228 shares of common stock through the International Paper Salaried Savings Plan, based on a plan statement as of January 30, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily a compliance amendment correcting tax withholding details for executive compensation, with no material impact on company operations or strategy.

Positives

• The amendment demonstrates the company's and executive's commitment to regulatory compliance by correcting previously reported tax withholding details.

Negatives

• An initial error in federal tax withholding for an expatriate assignment necessitated this amendment, indicating a minor administrative oversight.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4/A filings are routine for correcting previously reported insider transactions, often related to executive compensation and tax adjustments. This filing reflects standard compliance procedures for executive stock ownership.

Stakeholder Impact

• Shareholders: Provides updated transparency on executive stock ownership and compensation-related transactions, reinforcing compliance.
• Employees: No direct impact beyond the reporting person.

Key Dates

Recommendation

This Form 4/A is a routine amendment correcting tax withholding details for an executive's vested restricted stock units. It provides no new material information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. The underlying event (RSU vesting) is standard executive compensation.

Keywords

International Paper, IP, Timothy S. Nicholls, Form 4/A, Beneficial Ownership, Restricted Stock Units, Tax Withholding, Executive Compensation, SEC Filing