4/A: Rayonier Advanced Materials Director Corrects Stock Unit Grant in Amended SEC Filing

Ivona Smith, a director at Rayonier Advanced Materials, filed an amended SEC Form 4/A to correct the number of restricted stock units (RSUs) granted on May 16, 2024.

Summary

• This is an amended SEC Form 4/A filing by Ivona Smith, a director at Rayonier Advanced Materials Inc. (RYAM).
• The purpose of the amendment is to correct an administrative error in the original filing regarding the number of restricted stock units (RSUs) granted on May 16, 2024.
• The corrected filing shows that 16,429 RSUs were granted to Smith on May 16, 2024, which vest on May 16, 2025.
• Each RSU represents a contingent right to receive one share of RYAM common stock.
• The reporting person has direct ownership of the RSUs.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting an administrative error. It doesn't indicate any significant positive or negative sentiment, but accuracy in reporting is always viewed favorably.

Industry Context

This filing is a routine disclosure related to executive compensation and is required by the SEC to ensure transparency in insider transactions.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders regarding executive compensation.

Key Dates