Form 4: International Paper Director Anders Gustafsson Receives Stock Award

Director Anders Gustafsson received 8,606 shares of International Paper stock for board service.

Summary

• On May 13, 2024, Anders Gustafsson, a director of International Paper Co, acquired 8,606 shares of common stock as compensation for his service as a director for the 2024-2025 performance year.
• The shares were awarded at a price of $0.
• Following the transaction, Gustafsson beneficially owns 47,380 shares of International Paper.
• The shares become free of restrictions on May 13, 2025, or upon certain events such as death, disability, retirement, or resignation with board consent.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock award to a director), which is generally viewed neutrally. It indicates continued alignment of the director with the company's success.

Positives

• The stock award aligns the director's interests with those of the shareholders.
• The vesting conditions incentivize continued service on the board.

Industry Context

Director compensation in the form of stock awards is a common practice in publicly traded companies to align the interests of board members with those of shareholders.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders, potentially leading to better governance and decision-making.

Key Dates