Rayonier Advanced Materials (RYAM) SVP receives 4,113 performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rayonier Advanced Materials SVP, Biomaterials Christian Antoine Lucien Ribeyrolle acquired 4,113 shares of common stock through a stock award. The shares were issued at no cash cost following the vesting and settlement of performance share units granted on March 1, 2023.
The performance share units vested after a three-year performance period ending February 27, 2026, based on relative and absolute total shareholder return and cumulative adjusted EBITDA. After this grant, Ribeyrolle directly owns a total of 51,477 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ribeyrolle Christian Antoine Lucien
Role
SVP, Biomaterials
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,113 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,477 shares (Direct)
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.
FAQ
What insider transaction did RYAM executive Christian Ribeyrolle report on this Form 4?
Christian Ribeyrolle reported acquiring 4,113 shares of Rayonier Advanced Materials common stock. The shares were issued at no cash cost upon vesting of performance share units tied to multi-year performance, increasing his direct ownership to 51,477 shares following the transaction.
Were cash proceeds involved in the RYAM Form 4 transaction for Christian Ribeyrolle?
No cash proceeds were involved in this transaction. The 4,113 Rayonier Advanced Materials shares were issued at a reported price of $0.0000 per share, representing a grant and settlement of performance share units rather than an open-market purchase or sale.