Form 4: RYAM CFO Moeltner's Stock Award Vesting

Rayonier Advanced Materials' CFO, Marcus J. Moeltner, acquired 26,866 shares of common stock through the vesting of performance share units.

Summary

• Marcus J. Moeltner, CFO and SVP, Finance of Rayonier Advanced Materials Inc. (RYAM), reported changes in his beneficial ownership.
• He acquired 26,866 shares of common stock on March 3, 2026, due to the vesting and settlement of Performance Share Units (PSUs).
• These PSUs were originally granted on March 1, 2023, and were subject to performance-based vesting over a three-year period ending February 27, 2026.
• The performance criteria included relative and absolute Total Shareholder Return (TSR) metrics and cumulative adjusted EBITDA performance.
• The Compensation and Management Development Committee certified the achievement of these performance criteria on March 3, 2026, triggering the award's vesting.
• Concurrently, 10,572 shares were disposed of at a price of $9.37 per share to satisfy tax withholding requirements related to the PSU vesting.
• Following these transactions, Moeltner directly beneficially owns 203,718 shares of common stock.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a strong positive signal, as the successful vesting of performance-based awards indicates that the company achieved its strategic and financial targets over a multi-year period, reflecting effective management and value creation.

Positives

• The vesting of 26,866 Performance Share Units indicates that the company met its performance targets, including Total Shareholder Return (TSR) and cumulative adjusted EBITDA, over a three-year period.
• This aligns management's interests with shareholder value creation through performance-based compensation.

Negatives

• A disposition of 10,572 shares occurred to cover tax withholding, which is a standard practice but reduces the direct shareholding slightly.

Future Outlook

This filing does not contain explicit forward-looking statements or guidance, but the successful vesting of performance-based awards suggests past performance met internal targets, which can be a positive indicator.

Management Comments

• Represents shares of common stock issued upon the vesting and settlement of Performance Share Units ('PSUs').
• The PSUs were originally granted on March 1, 2023 and were subject to performance-based vesting over a three-year performance period ending February 27, 2026, based on (i) relative and absolute Total Shareholder Return ('TSR') metrics and (ii) cumulative adjusted EBITDA performance.
• On March 3, 2026, the Compensation and Management Development Committee certified the level of achievement of the applicable performance criteria, which certification triggered vesting of the award.

Industry Context

StockSavvy.ai notes that performance-based equity awards are a common practice in executive compensation across various industries, particularly in materials and manufacturing sectors like Rayonier Advanced Materials. The successful vesting of these PSUs suggests that the company's performance, relative to its peers and internal targets, was sufficient to trigger the awards, which is a positive signal for the company's operational and market standing within its industry.

Comparison to Industry Standards

• The use of Total Shareholder Return (TSR) and adjusted EBITDA as performance metrics for executive compensation is a widely adopted industry standard, aligning executive incentives with both market performance and operational profitability.
• While specific performance results are not detailed, the vesting implies that Rayonier Advanced Materials' performance over the three-year period met or exceeded the thresholds set by its Compensation Committee, which is a positive indicator when compared to companies that might fail to meet such targets.

Corporate Governance

Stakeholder Impact

• Shareholders: Benefit from management's incentives being aligned with company performance, as the vesting indicates successful achievement of TSR and EBITDA targets.

Key Dates

Keywords

Rayonier Advanced Materials, RYAM, Marcus J. Moeltner, CFO, Insider Transaction, Form 4, Performance Share Units, PSU Vesting, Executive Compensation, Stock Award, Total Shareholder Return, EBITDA