Director Connor adds 25,000 International Paper (IP) shares via trust

Rhea-AI Filing Summary

International Paper Company director Christopher M. Connor reported buying 25,000 shares of common stock at $40.37 per share. The purchase on 01/30/2026 brings his beneficial ownership to 25,000 shares. These shares are held in the Christopher M. Connor Trust, a revocable trust for which he serves as trustee.

Insider Trade Summary

Net Buyer: 25,000 shares ($1,009,250)

Net Buy 1 txn

Insider Connor Christopher M

Role Director

Bought 25,000 shs ($1.01M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	25,000	$40.37	$1.01M

Holdings After Transaction: Common Stock — 25,000 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Connor Christopher M

(Last) (First) (Middle)

INTERNATIONAL PAPER COMPANY

6400 POPLAR AVENUE

(Street)

MEMPHIS TN 38197

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL PAPER CO /NEW/ [ IP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	01/30/2026		P		25,000	A	$40.37	25,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares are held by the Christopher M. Connor Trust, a revocable trust for which the reporting person serves as trustee and retains the power to revoke.

Remarks:

Power of Attorney on file.

	/s/ Vincent T. Smith, Attorney-in-Fact for Mr. Connor	02/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did International Paper (IP) report for Christopher M. Connor?

International Paper director Christopher M. Connor reported buying 25,000 shares of common stock. The transaction occurred on January 30, 2026, at a price of $40.37 per share and resulted in beneficial ownership of 25,000 shares held through a revocable trust.

At what price were the International Paper (IP) shares purchased in this Form 4 filing?

The reported purchase price was $40.37 per International Paper common share. Christopher M. Connor acquired 25,000 shares at this price on January 30, 2026, as disclosed in the Form 4 insider transaction report filed under Section 16 reporting rules.

How many International Paper (IP) shares does Christopher M. Connor beneficially own after this transaction?

After the reported transaction, Christopher M. Connor beneficially owns 25,000 shares of International Paper common stock. The Form 4 states this amount as his holdings following the January 30, 2026 purchase at $40.37 per share, held through a revocable trust.

How are the purchased International Paper (IP) shares held according to the Form 4?

The shares are held by the Christopher M. Connor Trust, a revocable trust. The filing notes that Connor serves as trustee of this trust and retains the power to revoke it, which ties his beneficial ownership to the trust’s holdings of International Paper shares.

What is the role of Christopher M. Connor at International Paper (IP) in this filing?

The Form 4 identifies Christopher M. Connor as a director of International Paper. His status as a board member requires public reporting of transactions in the company’s stock, including this purchase of 25,000 common shares at $40.37 each on January 30, 2026.

Does this International Paper (IP) Form 4 involve any derivative securities?

No derivative securities are reported in this Form 4. The filing’s non-derivative table shows a purchase of 25,000 shares of International Paper common stock, while the derivatives table contains no listed options, warrants, or other derivative instruments associated with this transaction.