Form 4: RYAM SVP Converts RSUs, Acquires New Equity

Kenneth James Duffy, SVP at Rayonier Advanced Materials, converted restricted stock units into common stock and received a new RSU grant on March 1, 2026.

Summary

• Kenneth James Duffy, SVP, Paperboard/HYP at Rayonier Advanced Materials Inc. (RYAM), reported transactions on March 1, 2026.
• Converted 8,940 Restricted Stock Units (RSUs) into common stock at a conversion price of $0.00 per share.
• Disposed of 4,739 shares of common stock at $9.47 per share to cover tax withholding obligations related to the RSU conversion.
• Acquired 6,336 new Restricted Stock Units (RSUs) which are scheduled to vest on March 1, 2029.
• Following these transactions, Duffy beneficially owns 24,947 shares of common stock and 6,336 Restricted Stock Units.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting routine executive compensation and continued equity alignment, though the tax-related sale slightly offsets the direct share increase.

Positives

• Conversion of 8,940 Restricted Stock Units (RSUs) into common stock, increasing direct equity ownership.
• Acquisition of 6,336 new Restricted Stock Units, indicating continued long-term incentive alignment with the company.

Negatives

• Disposal of 4,739 shares of common stock for tax withholding purposes, reducing the net increase in direct common stock ownership from the RSU conversion.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions like RSU conversions and grants are common mechanisms for executive compensation and equity alignment across various industries, particularly in mature sectors like paperboard and advanced materials. These filings provide transparency into executive holdings but typically do not reflect broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: Increased transparency regarding executive equity ownership and compensation structure.
• Kenneth James Duffy: Increased direct ownership of common stock (net of tax withholding) and continued long-term incentive through new RSU grant.

Next Steps

• The newly acquired 6,336 Restricted Stock Units are scheduled to vest on March 1, 2029.

Key Dates

Keywords

Rayonier Advanced Materials, RYAM, Insider Trading, Form 4, Restricted Stock Units, RSU Conversion, Executive Compensation, Kenneth James Duffy, Equity Ownership