Connor Christopher M 4

What Happened

• Christopher M. Connor, a director of International Paper (IP), made an open-market purchase of 25,000 shares on January 30, 2026 at $40.37 per share, for a total of $1,009,250. This was a purchase (P), which is generally viewed as a more informative/positive insider action than routine sales.

Key Details

• Transaction date: 2026-01-30; Form 4 filed: 2026-02-02 (timely filing).
• Price: $40.37 per share; Total value: $1,009,250.
• Transaction type/code: Open market purchase (P).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares are held by the Christopher M. Connor Trust, a revocable trust for which Connor serves as trustee and retains the power to revoke (footnote F1).
• Remarks: Power of attorney on file.

Context

• The purchase was made in the open market and the shares are reported as held via a revocable trust for which Connor is trustee—meaning the trust, and thus Connor, has beneficial control. The filing does not indicate any sale or option exercise tied to this transaction.