Form 4: Rayonier Advanced Materials Executive Exercises and Acquires Stock Options
SEC Form 4 Filing
Gabriela Garcia, CAO, VP, and Corporate Controller of Rayonier Advanced Materials, reports transactions involving restricted stock units and common stock.
Summary
- On March 1, 2025, Gabriela Garcia converted 8,681 Restricted Stock Units (RSUs) into common stock at a price of $0.00 per share.
- Following the conversion, Ms. Garcia disposed of 2,574 shares of common stock at a price of $7.7 per share.
- After these transactions, Ms. Garcia directly owns 27,308 shares of common stock.
- Ms. Garcia also acquired 3,897 new Restricted Stock Units (RSUs) which are exercisable on March 1, 2028 and expire on March 1, 2028.
- Following the transaction, Ms. Garcia directly owns 3,897 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. 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 for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership of common stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Conversion of 8,681 RSUs into common stock. |
| 03/01/2025 | Disposal of 2,574 shares of common stock. |
| 03/01/2025 | Acquisition of 3,897 new RSUs. |
| 03/01/2028 | Exercisable date of 3,897 new RSUs. |
| 03/01/2028 | Expiration date of 3,897 new RSUs. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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