Form 4: International Paper Executive Transfers Shares to Revocable Living Trust
SEC Form 4 Filing
Senior Vice President Thomas J. Plath transferred 13,981 shares of International Paper common stock to the Plath Revocable Living Trust on February 29, 2024.
Summary
- On February 29, 2024, Thomas J. Plath, a Senior Vice President of International Paper, transferred 13,981 shares of International Paper common stock to the Plath Revocable Living Trust.
- The transfer was made for no consideration.
- Following the transaction, Mr. Plath directly owns 13,171 shares and indirectly owns 69,758 shares through a revocable living trust and 10,236 shares through the International Paper Salaried Savings Plan.
- The shares held in trust are for the benefit of Mr. Plath and his family, with Mr. Plath and his spouse serving as co-trustees.
- The information regarding shares held through the savings plan is based on a plan statement as of February 29, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive stock ownership and does not necessarily indicate a significant event for International Paper or the paper industry.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of the share transfer to the Plath Revocable Living Trust and the date of the plan statement for the Salaried Savings Plan. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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