Form 4: International Paper Executive Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Timothy S. Nicholls, a Senior Vice President at International Paper, reports the acquisition and disposal of company stock, including shares withheld for tax obligations and shares held through a savings plan.

Summary

  • Timothy S. Nicholls, a Senior Vice President at International Paper, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
  • On February 10, 2025, Nicholls acquired 89,099 shares of common stock related to Performance Share Units (PSUs) earned under the 2022-2024 Performance Share Plan.
  • Also on February 10, 2025, 34,096 shares were disposed of to cover tax obligations at a price of $56.07 per share.
  • Nicholls directly owns 246,725 shares of International Paper common stock following these transactions.
  • Additionally, Nicholls indirectly owns 6,923 shares through the International Paper Company Salaried Savings Plan as of January 31, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates

DateDescription
January 1, 2022Grant date of Performance Share Units under the 2022-2024 Performance Share Plan.
January 31, 2025Date of plan statement for shares held through the International Paper Company Salaried Savings Plan.
February 10, 2025Date of stock acquisition and disposal transactions.
February 12, 2025Date of Form 4 filing.

Keywords

Form 4, International Paper, Nicholls, Stock Transactions, Beneficial Ownership, PSUs, Tax Obligations, Salaried Savings Plan

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