Form 4: Rayonier Advanced Materials Director, Lisa M. Palumbo, Reports Stock Transactions

Lisa M. Palumbo, a director at Rayonier Advanced Materials Inc. (RYAM), reported the acquisition and disposal of company stock and restricted stock units.

Summary

• On May 18, 2024, Lisa M. Palumbo, a director of Rayonier Advanced Materials Inc., reported transactions involving the company's stock.
• She acquired 27,316 shares of common stock through the vesting of restricted stock units.
• She also disposed of 27,316 shares of common stock related to restricted stock units.
• Following these transactions, Ms. Palumbo directly owns 155,733.538 shares of common stock.
• She also indirectly owns 669.216 shares through an IRA and 1,931.487 shares through her spouse.
• Additionally, she was granted 25,387 restricted stock units on May 16, 2024, which vest on May 16, 2025.

Sentiment

Score: 5

Explanation: This is a standard regulatory filing reflecting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about ownership changes.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, engages in transactions involving the company's securities. It provides transparency to the market regarding the trading activities of those with privileged information.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It helps ensure fair market practices by disclosing stock ownership changes of company directors.

Key Dates