Form 4: RYAM Executive Converts RSUs, Acquires New Awards

Rayonier Advanced Materials SVP, GC & Corp Sec Richard Colby Slaughter converted restricted stock units to common stock, sold shares for tax purposes, and received new RSU awards.

Summary

• Richard Colby Slaughter, SVP, GC & Corp Sec of Rayonier Advanced Materials Inc. (RYAM), reported transactions on March 1, 2026.
• Slaughter converted 16,091 Restricted Stock Units (RSUs) into common stock at a conversion price of $0.00 per share.
• Following the conversion, 3,777 shares of common stock were disposed of at $9.47 per share, likely to cover tax obligations related to the RSU vesting.
• Slaughter also acquired 15,840 new Restricted Stock Units, which represent a contingent right to receive one share of RYAM common stock each, with a vesting date of March 1, 2029.
• After these transactions, Slaughter directly holds 90,298 shares of common stock and indirectly holds 573 shares through a 401k, in addition to the newly acquired 15,840 RSUs.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While there's a sale of shares, it's for tax purposes, and the new RSU grant indicates continued executive alignment and incentive.

Positives

• The grant of 15,840 new Restricted Stock Units (RSUs) aligns the executive's long-term interests with shareholder value.
• The conversion of RSUs into common stock demonstrates the executive's continued equity ownership in the company.

Negatives

• The disposal of 3,777 shares of common stock, while for tax withholding purposes, reduces the executive's direct common stock holdings.

Future Outlook

The grant of new Restricted Stock Units (RSUs) with a vesting date of March 1, 2029, indicates a continued long-term incentive for the executive.

Industry Context

StockSavvy.ai notes that routine insider transactions like RSU conversions and grants are common compensation practices across various industries, particularly for senior executives, and do not typically reflect broader industry trends.

Comparison to Industry Standards

• Executive compensation structures involving Restricted Stock Units (RSUs) are a standard practice in publicly traded companies across various sectors, including materials and chemicals, to incentivize long-term performance and align management interests with shareholders. Specific comparable companies or projects are not relevant for this type of filing.

Stakeholder Impact

• Shareholders: Minor impact as these are routine compensation transactions for an executive, reflecting standard equity incentive practices.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact.

Next Steps

• Future vesting of the 15,840 newly acquired Restricted Stock Units on March 1, 2029.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation activities, including RSU vesting, tax-related share sales, and new RSU grants. These transactions are standard and do not provide a strong signal for a 'buy' or 'sell' recommendation. The new RSU grant indicates continued executive alignment, but the overall impact on the company's fundamentals or strategic direction is negligible, warranting a 'hold' position.

Keywords

RYAM, Rayonier Advanced Materials, Restricted Stock Units, RSU conversion, insider transaction, executive compensation, common stock, SEC Form 4