Form 4: Rayonier Advanced Materials Director Acquires and Disposes of Shares
SEC Form 4 Filing
Bryan D Yokley, a director of Rayonier Advanced Materials, reports acquiring and disposing of common stock and restricted stock units.
Summary
- On May 18, 2024, Bryan D Yokley, a director of Rayonier Advanced Materials Inc. (RYAM), acquired 20,523 shares of common stock at $0.00 and disposed of 20,523 shares.
- On May 16, 2024, Yokley acquired 25,387 restricted stock units, each representing a contingent right to receive one share of RYAM common stock, with an exercise date and expiration date of May 16, 2025.
- Following these transactions, Yokley directly owns 25,387 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which carries a neutral 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 directors.
Stakeholder Impact
- Shareholders are informed about the transactions of a company director, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Acquisition of 25,387 restricted stock units |
| 05/18/2024 | Acquisition and disposal of 20,523 shares of common stock |
| 05/19/2024 | Date of signature for the Form 4 filing |
| 05/16/2025 | Exercise and expiration date of the restricted stock units |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.