Form 4: Rayonier Advanced Materials Executive Converts Restricted Stock Units to Common Stock
SEC Form 4 Filing
Christian Antoine Lucien Ribeyrolle, SVP of Biomaterials at Rayonier Advanced Materials, converted 13,021 Restricted Stock Units (RSUs) into common stock on March 1, 2025, and acquired 9,741 additional RSUs.
Summary
- On March 1, 2025, Christian Antoine Lucien Ribeyrolle, SVP of Biomaterials at Rayonier Advanced Materials, converted 13,021 Restricted Stock Units (RSUs) into common stock.
- The conversion price was $0.00 per share, as per the RSU agreement.
- Following the transaction, Ribeyrolle directly owns 27,966 shares of common stock.
- Additionally, Ribeyrolle acquired 9,741 new RSUs, which will vest on March 1, 2028.
- Each RSU represents the right to receive one share of RYAM common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The conversion of RSUs into common stock may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Conversion of 13,021 RSUs into common stock and acquisition of 9,741 new RSUs. |
| 03/01/2028 | Date the newly acquired 9,741 RSUs become exercisable. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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