Form 4: Rayonier Advanced Materials Executive Reports Stock Transactions
SEC Form 4 Filing
Christian Antoine Lucien Ribeyrolle, SVP of Biomaterials at Rayonier Advanced Materials, reports acquisition and disposal of company stock and restricted stock units on March 1, 2024.
Summary
- On March 1, 2024, Christian Antoine Lucien Ribeyrolle, SVP of Biomaterials at Rayonier Advanced Materials, reported transactions involving the company's stock.
- Ribeyrolle acquired 2,881 shares of common stock at a price of $0.0000 per share.
- Ribeyrolle disposed of 2,881 shares of common stock.
- Following these transactions, Ribeyrolle directly owns 14,945 shares of common stock.
- Ribeyrolle also acquired 8,572 restricted stock units, exercisable on March 1, 2027, representing a contingent right to receive one share of RYAM common stock each.
- Ribeyrolle directly owns 8,572 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the SVP of Biomaterials at Rayonier Advanced Materials, transact in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of earliest transaction (acquisition/disposal of common stock and restricted stock units). |
| 03/01/2027 | Date restricted stock units become exercisable and expire. |
| 03/05/2024 | Date of signature by Attorney-in-Fact. |
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