Form 4: International Paper Director Stock Award and Tax Withholding

Ahmet C. Dorduncu, a Director at International Paper, received a stock award and had shares withheld for tax payments.

Summary

• Ahmet C. Dorduncu, a Director at International Paper Company, was granted 5,298 shares of common stock on May 12, 2026, valued at $0, as an award for his service as a director for the 2026-2027 service year.
• These shares will become unrestricted on May 12, 2027, or upon the occurrence of death, disability, retirement, or resignation with Board consent.
• Additionally, 1,186 shares were withheld on May 12, 2026, valued at $32.47 per share, to cover tax liabilities from a previous director award for the 2025-2026 service year.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it details routine compensation and tax-related transactions for a director, without significant positive or negative financial implications for the company itself.

Positives

• Director Ahmet C. Dorduncu received a stock award for his service, indicating continued engagement and compensation for his role.
• The stock award vests over time, aligning the director's interests with long-term company performance.

Negatives

• A portion of the director's award was withheld to cover tax liabilities, reducing the immediate net benefit.

Risks

• The award is subject to forfeiture under certain conditions such as resignation without board consent, potentially impacting the director's retained ownership.
• The value of the award is subject to market fluctuations until it vests and restrictions are lifted.

Future Outlook

The stock award granted to the director will become fully vested and non-forfeitable on May 12, 2027, or earlier upon specific events like death, disability, retirement, or resignation with board consent. The value of this award is subject to market conditions until vesting.

Industry Context

StockSavvy.ai notes that director stock awards are a common form of compensation in the paper and packaging industry, designed to align executive and director interests with shareholder value over the medium to long term. The use of tax withholding for such awards is standard practice.

Stakeholder Impact

• Shareholders: The stock award reflects ongoing compensation for directors, aligning their interests with long-term company performance. The tax withholding is a standard operational matter.
• Directors: Ahmet C. Dorduncu receives compensation in the form of stock, with a portion subject to vesting conditions and tax obligations.
• Employees: This filing does not directly impact employees, but it is part of the broader corporate governance and compensation structure.

Next Steps

• Vesting of the 5,298 stock award shares on or after May 12, 2027, subject to conditions.
• Continued service by Ahmet C. Dorduncu as a Director.

Key Dates

Keywords

Form 4, SEC Filing, International Paper, Director Compensation, Stock Award, Beneficial Ownership, Insider Trading, Tax Withholding