Form 4: Rayonier Advanced Materials Director Acquires and Disposes of Shares Through Stock Unit Transactions

Director James F. Kirsch reports acquisition and disposal of Rayonier Advanced Materials Inc. shares through restricted stock unit transactions.

Summary

• On May 18, 2024, James F. Kirsch, a director of Rayonier Advanced Materials Inc. (RYAM), acquired 27,316 shares of common stock through the exercise of restricted stock units.
• The price per share for the acquisition was $0.00.
• Concurrently, Mr. Kirsch disposed of 27,316 shares of common stock related to the restricted stock units.
• Following these transactions, Mr. Kirsch directly owns 123,497 shares of RYAM common stock.
• On May 16, 2024, Mr. Kirsch acquired 25,387 restricted stock units which each represent a contingent right to receive one share of RYAM common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

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

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates