Form 4: Rayonier Advanced Materials CFO Reports Stock Transactions
SEC Form 4 Filing
Marcus J. Moeltner, CFO and SVP of Finance at Rayonier Advanced Materials, reports acquisition and disposal of common stock and restricted stock units on March 1, 2024.
Summary
- On March 1, 2024, Marcus J. Moeltner, CFO and SVP of Finance at Rayonier Advanced Materials, reported transactions involving the company's stock.
- Moeltner acquired 24,194 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 9,037 shares were disposed of at a price of $3.78.
- Following these transactions, Moeltner directly owns 95,754 shares of Rayonier Advanced Materials common stock.
- Additionally, Moeltner acquired 30,000 restricted stock units, exercisable on March 1, 2027, and expiring on March 1, 2027.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions (acquisition and disposal of common stock and restricted stock units). |
| 03/01/2027 | Exercisable and Expiration date of 30,000 Restricted Stock Units. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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