Form 4: Rayonier Advanced Materials CEO Exercises Stock Options, Acquires Shares
SEC Form 4 Filing
Rayonier Advanced Materials' CEO, DeLyle W. Bloomquist, converted restricted stock units into common stock and disposed of shares to cover tax obligations.
Summary
- On March 1, 2025, DeLyle W. Bloomquist, the President and CEO of Rayonier Advanced Materials Inc., converted 130,209 Restricted Stock Units (RSUs) into common stock at a price of $0.00 per share.
- Following the conversion, Bloomquist disposed of 31,788 shares of common stock at a price of $7.70 per share.
- After these transactions, Bloomquist directly owns 275,306 shares of Rayonier Advanced Materials Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
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
| Date | Description |
|---|---|
| 03/01/2025 | Date of RSU conversion and stock disposal. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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