RYAM VP (NYSE: RYAM) gains 1,920 PSU shares, 570 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. vice president of human resources Marie Manon Lise Gingras reported equity compensation activity. On March 3, 2026, she acquired 1,920 shares of common stock upon vesting and settlement of performance share units, then disposed of 570 shares at $9.370 per share for tax withholding, leaving 17,217 shares of common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gingras Marie Manon Lise
Role
Vice President, Human Resource
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,920 | $0.00 | -- |
| Tax Withholding | Common Stock | 570 | $9.37 | $5K |
Holdings After Transaction:
Common Stock — 17,787 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. 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 insider transaction did RYAM executive Marie Gingras report on this Form 4?
Marie Manon Lise Gingras reported equity compensation activity involving performance share units converting into 1,920 shares of RAYONIER ADVANCED MATERIALS common stock. These shares were issued following certification of performance results for a three-year performance period ending February 27, 2026.
What performance measures determined Marie Gingras’s earned PSUs at RYAM?
The performance share units were subject to performance-based vesting over three years based on relative and absolute Total Shareholder Return (TSR) metrics and cumulative adjusted EBITDA performance. The compensation committee certified the achievement level on March 3, 2026, triggering vesting.