Form 4: Rayonier Advanced Materials Director Acquires and Disposes of Shares and Restricted Stock Units

Director Ivona Smith reports acquisition and disposal of Rayonier Advanced Materials shares and restricted stock units.

Summary

• On May 16, 2025, Ivona Smith, a director of Rayonier Advanced Materials Inc. (RYAM), reported transactions involving the company's securities.
• Smith acquired 16,429 shares of common stock through the vesting of restricted stock units.
• Concurrently, Smith disposed of 16,429 shares of common stock related to the vesting of restricted stock units.
• Following these transactions, Smith directly owns 110,613 shares of RYAM common stock.
• Smith also continues to hold 16,429 restricted stock units, each representing a contingent right to receive one share of RYAM common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, with neutral sentiment.

Positives

• The vesting of restricted stock units indicates that performance milestones were likely met.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.

Key Dates

Keywords

RYAM, Rayonier Advanced Materials, Form 4, Insider Trading, Director, Smith Ivona, Restricted Stock Units, Beneficial Ownership, Securities