Form 4: International Paper Senior Vice President Sells 9,000 Shares
SEC Form 4 Filing
Clayton R. Ellis, a Senior Vice President at International Paper, sold 9,000 shares of common stock on August 28, 2024, at an average price of $48.83.
Summary
- On August 28, 2024, Clayton R. Ellis, a Senior Vice President of International Paper, sold 9,000 shares of International Paper common stock.
- The sale was executed at a weighted average price of $48.83 per share.
- Following the transaction, Ellis directly owns 49,832 shares of International Paper common stock.
- Ellis also indirectly owns 17,874 shares through the International Paper Company Salaried Savings Plan.
Sentiment
Score: 5
Explanation: This is a neutral report on an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of stock sale transaction. |
| 08/28/2024 | Date of plan statement for shares held through the International Paper Company Salaried Savings Plan. |
| 08/29/2024 | Date of signature on the SEC Form 4 filing. |
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