Form 4: International Paper Director David A. Robbie Acquires Shares as Part of Compensation Plan

David A. Robbie, a director at International Paper, acquired 1,065 shares of common stock as part of the company's compensation plan for non-employee directors.

Summary

• David A. Robbie, a director at International Paper, acquired 1,065 shares of common stock on March 6, 2025.
• The acquisition was part of International Paper's Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, a sub-plan of the Company's 2024 Long-Term Incentive Compensation Plan.
• The restricted stock was awarded to Mr. Robbie for his service as a director for the 2024-2025 performance year, prorated from his appointment date, February 11, 2025, through April 30, 2025.
• The shares will become free of restrictions on the earliest of May 13, 2025, death, disability, retirement, or resignation with the consent of the Board of Directors.
• In the event of resignation, the award would be reduced pro rata based on length of service.
• Following the transaction, Mr. Robbie beneficially owns 4,920 shares of International Paper common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively as it aligns interests. There are no indications of negative sentiment.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• The vesting schedule provides an incentive for continued service on the board.

Industry Context

This type of stock grant to a board member is a common practice to align the interests of the board with the shareholders.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Restricted stock grants are a typical component of equity compensation for directors in publicly traded companies.
• The vesting schedule is fairly standard, with accelerated vesting upon death, disability, or retirement.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to better corporate governance.

Key Dates