Form 4: Director Ivona Smith Executes RYAM Stock Transactions
Statement of Changes in Beneficial Ownership
Director Ivona Smith acquired 16,429 shares of Rayonier Advanced Materials Inc. through the vesting of restricted stock units.
Summary
- Director Ivona Smith acquired 16,429 shares of common stock on May 14, 2026, upon the vesting of restricted stock units.
- The director was granted 12,106 new restricted stock units on May 13, 2026, which are scheduled to vest on May 13, 2027.
- Following these transactions, the director's total beneficial ownership of common stock stands at 127,042 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director equity compensation.
Positives
- Director maintains a significant equity stake of 127,042 shares, aligning interests with shareholders.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership in the materials sector.
Future Outlook
The director holds 12,106 restricted stock units scheduled to vest on May 13, 2027.
Industry Context
StockSavvy.ai notes that director equity transactions are routine corporate governance events and do not typically signal a change in company strategy or operational performance.
Comparison to Industry Standards
- The transaction follows standard equity compensation practices for board members in the materials and manufacturing sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Director Ivona Smith appointed Brenda K. Davis, Jennifer Leigh Holcomb, Marcus J. Moeltner, and R. Colby Slaughter as attorneys-in-fact for SEC filings. | 05/13/2026 | Administrative update to facilitate timely regulatory compliance. |
Stakeholder Impact
- No material impact on shareholders, employees, or creditors.
Next Steps
- Vesting of 12,106 restricted stock units on May 13, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Grant date of new restricted stock units and date of Power of Attorney execution. |
| 05/14/2026 | Vesting date of restricted stock units and acquisition of common stock. |
| 05/15/2026 | Filing date of the Form 4. |
Keywords
RYAM, Rayonier Advanced Materials, Director, Insider Trading, Form 4, Equity Compensation
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