RYAM (RYAM) CFO logs PSU vesting and tax withholding share disposition
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. CFO and Senior VP of Finance Marcus J. Moeltner reported the vesting of performance-based equity and related tax withholding. On March 3, 2026, he acquired 26,866 shares of common stock at $0.0000 per share through the vesting and settlement of Performance Share Units granted on March 1, 2023, following certification of three-year performance results. In a separate transaction the same day, 10,572 shares at $9.37 per share were withheld by the company to cover tax obligations tied to this vesting, leaving him with 203,718 directly held common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,866 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,572 | $9.37 | $99K |
Footnotes (1)
- 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. The number of shares reported reflects the PSUs earned based on such certified performance results. PSUs convert into common stock on a one-for-one basis. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the PSUs vesting.
FAQ
What did RYAM CFO Marcus Moeltner report in this Form 4 filing?
Marcus Moeltner reported performance-based equity vesting and related tax withholding. He received 26,866 RYAM common shares from Performance Share Units vesting and had 10,572 shares withheld by the company to satisfy tax obligations, resulting in 203,718 directly owned shares after these March 3, 2026 transactions.