Form 4: Rayonier Advanced Materials Executive Duffy Reports Stock Transactions
SEC Form 4 Filing
Kenneth James Duffy, SVP at Rayonier Advanced Materials, reports the conversion and disposal of common stock and restricted stock units.
Summary
- Kenneth James Duffy, a Senior Vice President at Rayonier Advanced Materials Inc. (RYAM), filed a Form 4 detailing changes in beneficial ownership.
- On March 1, 2025, Duffy converted 13,021 Restricted Stock Units (RSUs) into common stock at $0 per share.
- Also on March 1, 2025, Duffy disposed of 6,902 shares of common stock at a price of $7.7 per share.
- Following these transactions, Duffy directly owns 15,832 shares of common stock.
- Duffy was also granted 7,793 Restricted Stock Units (RSUs) which vest on 03/01/2028.
- Following these transactions, Duffy directly owns 7,793 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding executive compensation and confidence in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Conversion of 13,021 RSUs to common stock and disposal of 6,902 shares. |
| 03/01/2028 | Vesting date for 7,793 Restricted Stock Units. |
| 03/05/2025 | Date of Form 4 signature. |
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