Form 4: Rayonier Advanced Materials Executive James L. Posze Jr. Reports Stock Transactions

James L. Posze Jr., CAO & SVP of Human Resources at Rayonier Advanced Materials, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On March 1, 2024, James L. Posze Jr., CAO & SVP of Human Resources at Rayonier Advanced Materials, reported transactions involving the company's stock.
• 14,689 restricted stock units vested, converting into common stock.
• 6,221 shares were withheld to cover tax obligations at a price of $3.78 per share.
• Posze also acquired 18,215 restricted stock units that will vest on March 1, 2027.
• Following these transactions, Posze directly owns 200,753.75 shares of common stock and indirectly owns 1,025 shares through a 401(k) plan, and 18,215 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation. It doesn't contain information that would significantly shift investor sentiment.

Positives

• The acquisition of 18,215 restricted stock units indicates continued alignment of the executive's interests with the company's long-term performance.

Future Outlook

The reporting person will receive 18,215 shares of RYAM common stock on 03/01/2027 if the restricted stock units vest.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates